Marcelino Co.'s March 31 inventory of raw materials is $90,000. Raw materials purchases in April are $530,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $50,000; indirect labor $23,000; factory rent, $31,000; factory utilities, $24,000; and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 308 Balances on March 31 Direct materials Direct labor Applied overhead $31,000 37,000 17,000 8,500 22,000 11,000 Costs during April Direct materials Direct labor Applied overhead Status on April 30 210,000 $115,000 140,000 101,000 154,008 103,000 Finished Finished_ In process sol0 unsold Required: 1. Determine the total of each production cost incurred or Apdirect labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31) Job 306 Job 307 Job 308 April Total From March Direct Materials Direct Labor Applied overhead 31,000 22,000 11,000 64,000 37,000 17,000 8,500 62,500 $68,000 39,000 19,500 $ 126,500 Beginning goods in process or Apri Direct Materials 140 ,000 210,000 115,000 465,000 Direct Labor 101,000 154,000 103,000 358,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in 241,000 364,000 218,000 823,000 Finished (sold) Finished (unsold) n proceSs