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 30? Job 303 Balances on March 31 Direct materials used {in March) $ 32,000 $ 33,000 Direct labor used (in March} 22,000 15,000 Overhead applied (March) 11,000 1,500 Costs during April Direct materials used 133,000 200,000 $ 110,000 Direct labor used 101,000 152,000 103,000 Overhead applied ? 2 ? Finished Finished Status on April 30 In process {sold} {unsold} Additional Information a. Raw Materials Inventory has a March 31 balance of $81,000. In. Raw materials purchases in April are $540,000. and total factory payroll cost in April is $382,000. c. Actual overhead costs incurred in April are indirect materials. $51000; indirect labor, $26,000; factory rent. $38,000; factory utilities. $22,000; and factory equipment depreciation. $60,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $700,000 cash in April. E-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers In the tabs below. Raq 5A Raq SB Compute gross prot for April. _:| Complete this question by entering your answers in the tabs below. Req 5A Reg 5B Show how the three inventory accounts are reported on the April 30 balance sheet. Inventories Raw materials Work in process Finished goods Total inventories 69 0