Required informatio [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 $500,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor, $24,000; factory rent, $33,000; factory utilities, $22,000; and factory equipment depreciation, $60,000. 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 Job 308 Balances on March 31 Direct materials Direct labor Applied overhead $ 26,000 23,000 11,500 $ 39,000 15,000 7,500 Costs during April Direct materials Direct labor Applied overhead Status on April 30 133,000 101,000 215,000 $110,000 155,000 103,000 Finished (sold) Finished sold) In process (un