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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 $85,000. 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 $85,000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $388,000. Overhead costs incurred in April are: Indirect materials. $56,000; Indirect labor, $27,000, factory rent, $38,000; 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 $640.000 cash in April. Costs of the three Jobs worked on in April follow. Job 386 Job 307 Job 398 $ 25,000 24,000 12,000 $ 36,000 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 30 135,280 184,800 215,000 154,000 $110,000 103,800 Finished (sold) Finished (unsold) In process . Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct labor used Direct materials used Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured S 0

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