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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 $84,000. 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 $84,000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $382.000. Overhead costs incurred in April are: Indirect materials, $54.000. Indirect labor, $28.000; factory rent. $36.000; factory utilities. $22.000; and factory equipment depreciation, $56.000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $670,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 348 $ 27,000 $ 23,000 11,500 39,000 18,000 9.800 Balance on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 120,00 102, 220,000 150,000 $ 105,000 102,600 Finished (sold) Finished (unsold) In 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). Job 306 Job 307 Job 308 April Total S 27,000 $ 23,000 11,500 39,000 18.000 9,000 $ 56.000 41,000 20 500 From March Direct Materials Direct Labor Applied overhead Beginning goods i process For April Direct Materials Direct Labor Applied overhead Total costs added in Ant Total costs (April 30) Status on April 30 April 30 cost included in 130.000 102.000 220,000 150.000 105.000 102.000 455 000 354,000 Finished (sold) Finished unsold) in process

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