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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 $84,000. 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 $84,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $378,000. Overhead costs incurred in April are: Indirect materials, $53,000; Indirect labor, $20,000 factory rent, $40,000; factory utilities, $20,000; and factory equipment depreciation, $57000. 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 $ 29.000 23.000 11,500 36.000 14,000 7.000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 133,000 101,000 210,000 152.000 $ 110,000 105,000 Finished (sold) Finished (unsold) In process Required: 1. Determine the total of each production cost incurred for Ap assigned to each job (including the balances from March 31). labor, direct materials, and applied overhead), and the total cost Job 306 Job 308 April Total S $ $ 20,000 23,000 11,500 65.000 37,000 7.000 18.500 1 From March Direct Materials Direct Labor Applied overhead Beginning goods in process For Apri Direct Materials Direct Labor Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in: 133.000 101,000 210,000 152,000 110,000 105,000 453,000 358,000 234.000 362,000 215,000 811.000 Finished (sold) Finished (unsold) In process

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