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 From March Direct Materials Direct Labor 27,000 21,000 10,500 58,500 44,000 19,000 9,500 72,500 | $ Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April 205,000 136,000 102,000 51,000 289,000 152,000 76,000 433,000 110,000 103,000 76,500 289,500 Total costs (April 30) 65,789 $ 499,500 $ 264,500 Status on April 30 Finished (sold) Finished (unsold) In process Gross profit Inventories Raw materials Work in process Finished goods Total inventories [The following information applies to the questions displayed below.] Marcelino Co.'s March 31 inventory of raw materials is $83,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $29,000; factory rent, $36,000; factory utilities, $24,000; and factory equipment depreciation, $59,000. 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 Apri follow. Job 306 Job 307 Job 308 $ 27,000 21,000 10,500 $ 44,000 19,000 9,500 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 $110,000 103,000 205,000 152,000 ? Finished (unsold) ? ? Finished (sold) In process