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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 $81,000. 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 $81,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $387,000. Overhead costs incurred in April are: indirect materials, $54,000; indirect labor, $27,000; factory rent, $39,000; factory utilities, $22,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 27,000 $ 41, 000 Direct labor 20, 000 18 , 000 Applied overhead 10 , 000 9, 000 Costs during April Direct materials 135 , 000 215, 000 $115, 000 Direct labor 104, 000 155 , 000 101, 000 Applied overhead ? Status on April 30 Finished Finished In (sold) ( unsold) process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total From March Direct Materials $ 27,000 $ 41,000 $ 68,000 Direct Labor 20,000 8,000 38,000 Applied overhead 10,000 9,000 19,000 Beginning goods in process For April Direct Materials 135,000 215,000 115,000 465,000 Direct Labor 04,000 155,000 101,000 360,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 Finished (sold) Finished (unsold) In process April 30 cost included in

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