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Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in

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Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $382.000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $21,000; factory rent, $33,000; factory utilities, $21.000: and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 25,000 22,000 11,000 43,000 16,000 8,000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 135,000 103,000 200,000 154,000 $ 120,000 104,000 Finished (sold) Pinished (unsold) process 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). +10f 4 Job 306 Job 307 Job 305 April Total Ints From March Direct Materials Direct Labor S $ $ 68,000 38.000 25.000 22,000 11.000 58,000 43,000 16,000 8,000 67,000 eBook 19.000 S Applied overhead Beginning goods in process For April Direct Materiais $ $ 125,000 Print References 135,000 103,000 200,000 154,000 Direct Labor Applied overhead Total costs added in April 120.000 104,000 2.000 276.000 455,000 361,000 52.000 868.000 238.000 354,000 Total costs (April 30) Status on April 30 April 30 cost included in: Finished unsold) In process Finished (Sold) Cost of goods sold Finished goods inventory Work in process inventory

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