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$)$ $ $35,000$ $ $41,000$

Direct labor used $($in March$)26,00024,000$

Overhead applied $($March$)16,00015,000$

Costs during April

Direct materials used $150,000235,000$ $ $115,000$

Direct labor used $91,000165,000120,000$

Overhead applied $?$question mark $?$question mark $?$question mark

Status on April $30$ Finished $($sold$)$ Finished $($unsold$)$ In process

Additional Information

a$.$ Raw Materials Inventory has a March $31$ balance of $$86,000.$

b$.$ Raw materials purchases in April are $$515,000,$ and total factory payroll cost in April is $$378,000.$

c$.$ Actual overhead costs incurred in April are indirect materials, $$53,750$; indirect labor, $$26,750$; factory rent, $$35,750$; factory utilities, $$22,750$; and factory equipment depreciation, $$54,750.$

d$.$ Predetermined overhead rate is $50\%$ of direct labor cost.

e$.$ Job $306$ is sold for $$650,000$ cash in April.

$1.$ Determine the amount of overhead applied to each job in April.

$2.2.$ Determine the total cost assigned to each job as of April $30($including the balances from March $31).$

$3.$ Prepare a schedule of cost of goods manufactured for the month ended April $30.$

$4.$ a$.$ Compute gross profit for April.

b$.$ Show how the three inventory accounts are reported on the April $30$ balance sheet.