Problem 15-1A Part 1 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 Job 307 Job 308 April Total $ $ $ 30,000 22.000 11,000 63,000 41,000 14,000 7,000 62,000 71.000 36,000 18,000 125,000 $ $ $ 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 131,000 104,000 210,000 154,000 105,000 100,000 446,000 358,000 0 235,000 364,000 205,000 804,000 Total costs (April 30) $ 0 Finished (sold) Finished (unsold) In process Status on April 30 April 30 cost included in: Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 (The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $560,000, and factory payroll cost in April is $379,000. Overhead costs incurred in April are: indirect materials, $57,000; indirect labor, $21,000; factory rent, $38,000; factory utilities, $22,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $670,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 30,000 $ 41,000 Direct labor 22,000 14,000 Applied overhead 11,000 7,000 Costs during April Direct materials 131,000 210,000 $105,000 Direct labor 104,000 154,000 100,000 Applied overhead 7 Finished Finished In Status on April 30 (sold) (unsold) process Problem 15-1A Part 1 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total com assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total From March Direct Materials $ $ 30,000 $ 41,000 14 nnn 71,000 non 22