Problem 19-1A 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 $86,000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $377,000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor, $22,000; factory rent, $33,000; factory utilities, $23,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $640,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 26,000 20,000 10,000 $ 41,000 13,000 6,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 136,000 102,000 2 Finished (sold) 205,000 153,000 7 Finished (unsold) $105,000 100,000 2 In process of 6 SIE Required information # VOLT WUTUI SULIT MUULUULULICE IUBITELI HUUUI, VIELEFELIS, un preu Urreuu. IULIE assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total $ $ 26,000 20,000 10,000 41,000 13,000 6,500 $ 67,000 33,000 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 16,500 0 $ 136,000 102,000 205,000 153,000 105,000 100,000 446,000 355,000 0 801,000 238,000 358,000 205,000 Total costs (April 30) $ 0 Status on April 30 April 30 cost included in: Finished (sold) Finished (unsold) In process Prey 1 2 3 4 Next >