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) $ 28,000 $ 36,000 Direct labor used (in March) 24,000 Overhead applied (March) 12,000 17,000 8,500 Costs during April Direct materials used 136,000 Direct labor used Overhead applied Status on April 30 102,000 ? Finished (sold) 205,000 $110,000 154,000 2 101,000 2 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 $560,000, and total factory payroll cost in April is $382,000. c. Actual overhead costs incurred in April are indirect materials, $50,000; indirect labor, $25,000; factory rent, $35,000, factory utilities, $24,000; and factory equipment depreciation, $59,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $670,000 cash in April.