PLEASE HELP!!! Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $25,000; factory rent, $33,000; factory utilities, $21,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow

Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $25,000; factory rent, $33,000; factory utilities, $21,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 32,000 21,000 10,500 $ 39,000 15,000 7,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 215,000 137,000 103,000 $105,000 101, 000 Finished (sold) Finished (unsold) In process a. Materials purchases (on credit). b. Direct materials used in production. c. Direct labor paid and assigned to Work in Process Inventory. d. Indirect labor paid and assigned to Factory Overhead. e. Overhead costs applied to Work in Process Inventory. f. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash.) g. Transfer of Jobs 306 and 307 to Finished Goods Inventory. h. Cost of goods sold for Job 306. i. Revenue from the sale of Job 306. j. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.) 2. Prepare journal entries for the month of April to record the above transactions. X Answer is not complete. No Transaction General Journal Credit Debit 510,000 1 a. Raw materials inventory Accounts payable 510,000 b. Work in process inventory 357,000 X Raw materials inventory 357,000 X 3 C. 358,000 Work in process inventory Cash 358,000 d. 25,000 Factory overhead Cash 25,000 e. Work in process inventory Factory overhead Required information f(1). 59,000 Factory overhead Raw materials inventory 59,000 Factory overhead 21,000 Cash 21,000 f(3). 53,000 Factory overhead Accumulated depreciation-factory equipment 53,000 f(4). 33,000 Factory overhead Cash 33,000 g. Finished goods inventory Work in process inventory h. 355,000 Cost of goods sold Finished goods inventory 355,000 www. v. ..v Cash 33,000 g. Finished goods inventory Work in process inventory 355,000 Cost of goods sold Finished goods inventory 355,000 Cash 635,000 Sales 635,000 190,000 X Cost of goods sold Factory overhead 190,000 X