Required information The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $85,000. Raw materials purchases in April are $540,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are indirect materials, $55,000; indirect labor. $23,000; factory rent, $30,000; factory utilities, $22,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $675,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 29,000 25,000 12,500 $ 38,000 14,000 7,000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 134,000 103,000 215,000 151,000 $100,000 104,000 ? In process Finished (sold) Finished (unsold) 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used Total manufacturing costs 0 0 Total cost of work in process Less: Underapplied overhead Cost of goods manufactured $ 0