! Required Information [The following information applies to the questions displayed below.) Marco Company shows the following costs for three jobs worked on in April. Job 386 Job 387 Job 308 Balances on March 31 Direct materials used in March) $ 25, eee $ 38,000 Direct labor used (in March) 20, eee 18,000 Overhead applied (March) 1e, eee 9,000 Costs during April Direct materials used 135, eee 215,000 $ 115,000 Direct labor used 103,eee 151,000 102,000 Overhead applied ? ? ? Finished Finished Status on April 30 In process (sold) (unsold) Additional Information a. Raw Materials Inventory has a March 31 balance of $84,000. b. Raw materials purchases in April are $580,000, and total factory payroll cost In April is $379,000. c. Actual overhead costs incurred in April are Indirect materials, $56,000; Indirect labor, $23,000; factory rent, $37,000; factory utilities, $23,000, and factory equipment depreciation, $60,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $665,000 cash In April. 2. Determine the total cost assigned to each job as of April 30 (Including the balances from March 31). Job 306 Job 307 Job 308 April Total March Direct materials $ S A 38.000 25,000 20,000 18,000 Direct labor Overhead applied Work in process, beginning 10.000 9.000 April 135,000 215,000 151,000 115,000 102,000 465,000 356,000 103,000 Direct materials Direct labor Overhead applied Costs added in April Total costs Status on April 30 April 30 cost included in: Finished (sold) Finished (unsold) In process