of 4 Marcelino Co.'s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: indirect materials, $53,000; indirect labor, $25,000; factory rent, $40,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Direct labor Balances on March 31 Direct materials Applied overhead $ 26,000 $43,000 22,000 19,000. 11,000 9,500 Costs during April Book Direct materials 135,000 200,000 $115,000 Direct labor 102,000 155,000 103,000 erences Applied overhead 2 7 Status on April 30 1 Finished (sold) Finished (unsold) In process