pleae explain how to do the calculation step by step so that i can understand.

GLO201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Job 308 Smlth Company shows the following costs for three jobs worked on in April. Job 306 Job 387 Balances on March 31 Direct materials (in March) $ 31,000 $ 38,000 Direct labor (in March) 22,000 19,000 Applied overhead (March) 13,200 11,400 Costs during April Direct materials 137,000 223,000 $ 102,000 Direct labor 89,00 155,000 106,000 Applied overhead 2 Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $85,000, b. Raw materials purchases in April are $560,000, and total factory payroll cost in April is $376,000. c. Actual overhead costs incurred in April are Indirect materials, $88,000; Indirect labor, $26,000; factory rent, $29,000; factory utilities, $21,000; and factory equipment depreciation, $50,000. d. Predetermined overhead rate is 60% of direct labor cost. e. Job 306 is sold for $630,000 cash in April, ? GLO201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Job 308 Smlth Company shows the following costs for three jobs worked on in April. Job 306 Job 387 Balances on March 31 Direct materials (in March) $ 31,000 $ 38,000 Direct labor (in March) 22,000 19,000 Applied overhead (March) 13,200 11,400 Costs during April Direct materials 137,000 223,000 $ 102,000 Direct labor 89,00 155,000 106,000 Applied overhead 2 Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $85,000, b. Raw materials purchases in April are $560,000, and total factory payroll cost in April is $376,000. c. Actual overhead costs incurred in April are Indirect materials, $88,000; Indirect labor, $26,000; factory rent, $29,000; factory utilities, $21,000; and factory equipment depreciation, $50,000. d. Predetermined overhead rate is 60% of direct labor cost. e. Job 306 is sold for $630,000 cash in April