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Chec ! Required information [The following information applies to the questions displayed below) Marcelino Co's March 31 inventory of raw materials is $80,000 Raw materials purchases in April are $570,000, and factory payroll cost in April is $390,000. Overhead costs incurred in April are indirect materials. $59.000 indirect labor $28,000, factory rent, $34,000, factory utilities, $21,000, and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $685.000 cash in April. Costs of the three jobs worked on in April follow Job 36 Job 2073 306 Balances on March 31 Direct materials $ 27,000 $ 38,000 Direct labor 25,000 Applied overhead 7.ee Costs during April Direct materials 133,000 205,000 $110,ese Direct labor 154,000 Applied overhead Finished Finished Status on April 30 (sold) (unsold) 14,000 12,500 103,000 105,000 2 In process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). 73F op Required: 1. Determine the total of each production cost incurred for April (direct labor direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). Job 306 Jot 307 Job JON April fotal s 5 From March Direct Materials Direct Labor Applied overhead Beginning goods in process 27.000 25.000 12.500 38,000 14,000 7,000 $ 65,000 39,000 19,500 $ 0 For April 133,000 103.000 205,000 154.000 110,000 105.000 443,000 362.000 236000 359.000 215 000 810 000 Direct Materials Direct Labor Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in 5 Finished sold) Finished (unsold) In process fo 73'F 4 d earch o hip