Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $81,000. Raw materials purchases in April are $550.000, and factory payroll cost in April is $383,000. Overhead costs incurred in Aprilare: indirect materials, $50,000; indirect labor, $28,000; 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 $655,000 cash in April. Costs of the three jobs worked on in April follow Job 308 Job 386 $ 31,000 21,000 10,500 Job 307 $35.000 19,000 9,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 134,000 100,000 205,000 152,000 $115,000 103,000 Finished (sold) Finished (unsold) process 4-a. Compute gross profit for April 4-b. Show how to present the inventories on the April 30 balance sheet. 4a. Lumpule gross profit for April. 4-b. Show how to present the invento Complete this question by enterir Required 4A Required 4B Compute gross profit for April. Gross profit Required 4A Required B Show how to present the inventories on the Inventories Raw materials Work in process Finished goods Total inventories