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Required information Skip to question [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on

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[The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April.

Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $ 32,000 $ 41,000
Direct labor used (in March) 24,000 18,000
Overhead applied (March) 12,000 9,000
Costs during April
Direct materials used 133,000 200,000 $ 115,000
Direct labor used 100,000 152,000 100,000
Overhead applied ? ? ?
Status on April 30 Finished (sold) Finished (unsold) In process

Additional Information

Raw Materials Inventory has a March 31 balance of $84,000.

Raw materials purchases in April are $510,000, and total factory payroll cost in April is $382,000.

Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $30,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $57,000.

Predetermined overhead rate is 50% of direct labor cost.

Job 306 is sold for $640,000 cash in April.

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