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ney [The following information applies to the questions displayed below] Marcelino Co's March 31 Inventory of raw materials is $84,000, Raw materials purchases in April are $600,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are Indirect materials, $51,000; indirect labor, $27.000; factory rent, $40,000; factory utilities, $23,000; and factory equipment depreciation, $58,000. 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 Bob 308 $ 31,00e 21, eee 10,500 $ 44,800 16,eee 8,000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 3a 135,000 184,000 2 Finished (sold) 215,000 150,000 ? Finished (unsold) $100,000 105, eee > 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). Inh Inh 107 lah ROR April Total Required information Job 308 April Total Job 306 Job 307 $ 31.000 21,000 10,500 44,000 16,000 8,000 $ 75,000 37,000 18,500 $ 0 From March Direct Materials Direct Labor Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April Total costs April 30) Status on April 30 30 cost included in 135,000 104,000 215,000 150,000 100,000 105,000 450,000 359,000 0 239,000 365,000 205,000 809,000 0 s Finished (sold) Finished (unsold) In process 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured $