Required information The following information applies to the questions displayed below! Marcelino Co.'s March 31 Inventory of raw materials is $88,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $389.000. Overhead costs incurred in April are: indirect materials, $51,000; Indirect labor, $27,000; factory rent, $39,000; factory utilities, $20,000, and factory equipment depreciation, $56,000. 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 $ 30,000 22,000 11,000 $ 35,000 14,000 7,000 Balances on March 31 Direct materials Direct labor Applied overhead Coata during April Direct materials Direct labor Applied overhead Status on April 30 $110,000 104,000 139,000 104,000 2 Pinished sold) 215.000 154,000 ? Finished funsold) In process Required: 5 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead, and the total cost assigned to each job (including the balances from March 31). of 4 Job 306 Job 307 Job 308 April Total $ 3 30,000 22.000 11.000 35.000 14,000 7,000 $ 65,000 35,000 18.000 -DE6 From March Direct Materials Direct Labor Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April Total costs (April 301 Stais on April 30 April 30 cast included in: 139,000 104,000 110,000 215.000 154,000 464 000 104,000 362,000 Finished (old) Finished fold) in process