Required information [The following information applies to the questions displayed below.] Marcelino Co.s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $379,000. Overhead costs incurred in April are: indirect materials, $53,000; indirect labor, $23,000; factory rent, $35,000; factory utilities, $20,000; and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $630,000 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 24 40,000 26,000 Direct labor 25,000 18,000 Applied overhead Costs during April 12,500 9,000 $ 105,000 Direct materials 136,000 200,000 Direct labor 154,000 102,000 100,000 Applied overhead Finished Finished In Status on April 30 (unsold) (sold) 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 307 Job 306 Job 308 April Total From March $ 6,000 Direct Materials 26,000 40,000 25,000 43,000 Direct Labor 18,000 Applied overhead 12,500 9,000 21,500 $ 130,500 Beginning goods in process 63,500 2$ 67,000 For April 105,000 Direct Materials 136,000 200,000 441,000 Direct Labor 102,000 154,000 100,000 356,000 Applied overhead Total costs added in April Total costs (April 30) Finished (sold) Finished (unsold) In process Status on April 30 April 30 cost included in