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) Overhead applied (March) $ 36,600 27,600 17,600 $ 42,600 25,600 16,600 Costs during April Direct labor used Direct materials used 154,000 Overhead applied Status on April 30 92,600 ? Finished (sold) 239,000 169,000 ? Finished (unsold) $ 119,000 124,000 ? In process Additional Information a. Raw Materials Inventory has a March 31 balance of $87,600. b. Raw materials purchases in April are $519,000, and total factory payroll cost in April is $382,000. c. Actual overhead costs incurred in April are Indirect materials, $54,750; Indirect labor, $27,750; factory rent, $36,750; factory utilities, $23,750; and factory equipment depreciation, $55,750. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $654,000 cash in April. Problem 2-2A (Algo) Part 2 2. Determine the total cost assigned to each job as of April 30 (Including the balances from March 31). Job 306 Job 307 March Direct materials $ 36,600 $ 42,600 Direct labor 27,600 25,600 Overhead applied 17,600 16,600 Work in process, beginning $ 81,800 $ 84,800 April Direct materials Direct labor Overhead applied Costs added in April Total costs Status on April 30 April 30 cost included in: Job 308 April Total $ 166,600 154,000 239,000 92,600 169,000 119,000 124,000 512,000 385,600 46,300 84,500 62,000 192,800 292,900 492,500 305,000 1,090,400 $ 374,700 $ 577,300 $ 952,000 Finished (sold) Finished (unsold) In process Cost of goods sold Finished goods inventory Work in process inventory