Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) Direct labor used (in March) $ 31,000 22,000 Overhead applied (March) 12,000 $ 37,000 20,000 11,000 Costs during April Direct materials used 140,000 Direct labor used 87,000 225,000 $ 105,000 155,000 110,000 Overhead applied status on April 30 Finished (sold) Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $82,000. b. Raw materials purchases in April are $505,000, and total factory payroll cost In April is $368,000. c. Actual overhead costs incurred In April are Indirect materials, $51,250; Indirect labor, $24,250; factory rent, $33,250; factory utilities, $20,250; and factory equipment depreciation, $52,250. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured