Required information [The following information applies to the questions displayed below.] Marcelino Co.'s March 31 inventory of raw materials is $83,000. Raw materials purchases in April are $530,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor. $29,000; factory rent, $32,000; factory utilities, $21,000; and factory equipment depreciation, $58,000. 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. Balances on March 31 Applied overhead i 19,000 9,500 Job 306 Job 307 Job 308 Direct materials: $ 28,000 $ 36,000 Direct labor 20,000 10,000 Costs during April Direct materials 134,000 215,000 $105,000. Direct labor 102,000 150,000 102,000 Applied overhead. Finished Status on April 30/ (sold) Finished (unsold) process In