Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Additional Information Job 306 Job 307 Job 308 $ 26,000 23,000 11,500 $ 39,000 14,000 7,000 135,000 102,000 ? Finished (sold) 205,000 $ 120,000 150,000 101,000 ? ? Finished (unsold) In process a. Raw Materials Inventory has a March 31 balance of $83,000. b. Raw materials purchases in April are $530,000, and total factory payroll cost in April is $379,000. c. Actual overhead costs incurred in April are indirect materials, $53,000; indirect labor, $26,000; factory rent, $30,000; factory utilities, $22,000; and factory equipment depreciation, $52,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $675,000 cash in April. 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 Job 308 March Direct materials $ 26,000 $ 39,000 Direct labor 23,000 14,000 Overhead applied 11,500 7,000 Work in process, beginning April Direct materials Direct labor 135,000 205,000 120,000 102,000 150,000 101,000 Overhead applied Costs added in April 237,000 Total costs Status on April 30 Finished (sold) April 30 cost included in: 355,000 Finished (unsold) In process April Total $ 0 460,000 353,000 0 221,000 813,000 $ 0