Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 3 Direct materials used (in March) $ 33,800 Direct labor used (in March) Overhead applied (March) 24,800 14,800 $ 39,800 22,800 13,800 Costs during April Direct materials used Direct labor used Overhead applied 2-51 Status on April 30 Additional Information 147,000 89,800 P Finished (sold) 232,000 162,000 $ 112,000 117,000 Finished (unsold) In process ok a. Raw Materials Inventory has a March 31 balance of $84,800. b. Raw materials purchases in April are $512,000, and total factory payroll cost in April is $375,000. c. Actual overhead costs incurred in April are indirect materials, $53,000; indirect labor, $26,000; factory rent, $35,000; factory utilities, $22,000; and factory equipment depreciation, $54,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $647,000 cash in April. W Problem 15-2A (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 Direct labor $ 33.800 39.800 24,800 22.800 Overhead applied 14,800 13.800 Work in process, beginning 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 0 147,000 232.000 89.800 162.000 112,000 117.000 491,000 368,800 0 236.800 394.000 229,000 859,800 0 Finished (sold) Finished (unsold) In process