Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March)) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Additional Information Job 306 Job 307 Job 3081 $ 28,000 $ 35,000 23,000 11,500 15,000 7,500 138,000 220,000 $ 120,000 101,000 2 Finished (sold) 155,000 104,000 ? Finished (unsold) In process a. Raw Materials Inventory has a March 31 balance of $83,000. b. Raw materials purchases in April are $550,000, and total factory payroll cost in April is $390,000. c. Actual overhead costs incurred in April are indirect materials, $57,000, indirect labor, $30,000; factory rent, $39,000; factory utilities, $21,000; and factory equipment depreciation, $60,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $645,000 cash in April.