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) $ 35,000 $ 41,900 Direct labor used (in March) 26,090 24,000 Overhead applied (March) 16, 090 15, 090 Costs during April Direct materials used 150, 000 235, 090 $ 115, 090 Direct labor used 91, 090 165, 090 120, 090 Overhead applied 3 Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $86,000. b. Raw materials purchases in April are $515,000, and total factory payroll cost in April is $378,000. c. Actual overhead costs incurred in April are indirect materials, $53,750; indirect labor, $26,750; factory rent, $35,750; factory utilities, $22,750; and factory equipment depreciation, $54,750. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $650,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April. 306 307 308 April Total Predetermined overhead rate Overhead applied