Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 31, 606 $ 40, 006 Direct labor used (in March) 25, 006 14, 006 Overhead applied (March) 12, 506 7,006 Costs during April Direct materials used 130, 006 205, 000 $ 110,000 Direct labor used 102, 090 153, 000 103, 000 Overhead applied ? Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $83,000. b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $388,000. c. Actual overhead costs incurred in April are indirect materials, $59,000; indirect labor, $30,000; factory rent, $34,000; factory utilities, $21,000; and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $685,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April. 306 307 308 April Total Predetermined overhead rate 0.50 0.50 0.50 0.50 Overhead applied2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 Job 308 April Total March Direct materials $ 31,000 $ 40,000 Direct labor 25,000 14,000 Overhead applied 12,500 7,000 Work in process, beginning $ 0 April Direct materials 130,000 205,000 110,000 445,000 Direct labor 102,000 153,000 103,000 358,000 Overhead applied 0 Costs added in April 232,000 358,000 213,000 803,000 Total costs $ 0 Status on April 30 Finished (sold) Finished (unsold) In process April 30 cost included in:4. Prepare a schedule of cost of goods manufactured for the month end April 3D. Total manufacluring costs _ Total cost of work in process _ Cost of goods manufactured