Required information Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 (The following information applies to the questions displayed below.) Marcelino Co.'s March 31 Inventory of raw materials is $87,000. Raw materials purchases in April are $560,000, and factory payroll cost in April is $382,000. Overhead costs incurred in April are: Indirect materials, $58,000; Indirect labor, $29,000; factory rent, $33,000; factory utilities, $21,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 29,000 23,000 11,500 $ 40,000 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 30 137,000 102,000 205,000 151,000 $110,000 100,000 In Finished (sold) Finished (unsold) process Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured. Applied overhead Status on April 30 Finished (sold) Finished (unsold) rt 3 of 3 Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured. nts 3 00:36:19 MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Skipped eBook Total manufacturing costs Ask Total cost of work in process Cost of goods manufactured MC