Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $570,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $23,000; factory rent, $40,000; 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 $675,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 26,000 24,000 12,000 $ 44,000 17,000 8,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 136,000 104,000 215,000 155,000 $115,000 104,000 Finished (sold) Finished (unsold) In process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total From March Direct Materials $ 26,000 24,000 12,000 44,000 17,000 8,500 Direct Labor Applied overhead Beginning goods in process For April 70,000 41,000 20,500 0 Direct Materials 466,000 136,000 104,000 215,000 155,000 115,000 104,000 Direct Labor 363,000 240,000 370,000 219,000 829,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in: Finished (sold) Finished (unsold) In process