Problem 2-1A Production costs computed and recorded; reports prepared to C2, P1, P2, P3, P4 The following information applies to the questions displayed below] Marcelino Co.'s March 31 inventory of raw materials is $86000. Raw materials purchases in April are $550 000 and factory payroll cost in April is $382.000. Overhead costs incurred in April are: indirect materials. 557000.indirect labor $24,000 factory rent. $35 000; factory utilities $21000, and factory equipment depreciation, S57000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for 5670.000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 308 $ 31000 21.000 50500 39000 18.000 9000 Halances on March 31 Direct me Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on 30 132,000 100000 210,000 155.000 $120,000 102.000 Finished sold Finished Junsold) View transaction list Journal entry worksheet