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$)$ $ $29,000$ $ $35,000$

Direct labor used $($in March$)20,00018,000$

Overhead applied $($March$)10,0009,000$

Costs during April

Direct materials used $135,000220,000$ $ $100,000$

Direct labor used $85,000150,000105,000$

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

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

Additional Information

Raw Materials Inventory has a March $31$ balance of $$80,000.$

Raw materials purchases in April are $$500,000,$ and total factory payroll cost in April is $$363,000.$

Actual overhead costs incurred in April are indirect materials, $$50,000$; indirect labor, $$23,000$; factory rent, $$32,000$; factory utilities, $$19,000$; and factory equipment depreciation, $$51,000.$

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

Job $306$ is sold for $$635,000$ cash in April.

$5-$a$.$ Compute gross profit for April.

$5-$b$.$ Show how the three inventory accounts are reported on the April $30$ balance sheet.