Required Information Problem 19-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Job 306 Job 307 Job 308 $ 30,200 $ 36,200 21,200 11,200 19,200 10,200 138,000 86,200 ? 223,000 $ 103,000 153,000 ? 108,000 ? Finished (sold) Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $81,200. b. Raw materials purchases in April are $503,000, and total factory payroll cost in April is $365,000. c. Actual overhead costs incurred in April are indirect materials, $50,750; indirect labor, $23,750; factory rent, $32,750; factory utilities, $19,750; and factory equipment depreciation, $51,750. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $638,000 cash in April. Problem 19-2A (Algo) Part 2 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 March Direct materials $ 30,200 S 38,200 Direct labor Overhead applied 21,200 11.2001 19,200 10,200 Work in process, beginning April Direct materials Job 308 138,000 223,000 103,000 88,200 153,000 108,000 Direct labor Overhead applied Costs added in April 224,200 376,000 Total costs Status on April 30 Finished (sold) Finished (unsold) April 30 cost included in: In process April Total $ 0 484,000 347,200 0 211.000 811,200 S 0