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 $550,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $53,000; indirect labor, $27,000; factory rent, $38,000; factory utilities, $23,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 26,000 23,000 11,500 $ 36,000 18,000 9,000 Direct labor Applied overhead Costs during April Direct materials Direct labor 134,000 102,000 210,000 153,000 $110,000 104,000 Applied overhead Status on April 30 Finished Finished In (sold) (unsold) process

10 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). 5 5 $ 2000 23.000 11,500 000 18.000 2.000 62,000 41.000 20.500 0 Ron March Direct Direct Labor Applied overhead Beginning goodies in process For April Direct Material Drect Labor Applied overhead Total cost added in April Total costs (April 30) 134,000 102.000 210,000 553,000 110,000 104.000 454,000 359.000 23.000 363.000 214.000 613,000 5 0 Finished und In pecess Stlus on Apr 30 April 30.cont included in Finished (old) Cost of goods sold