Required information [The following information applies to the questions displayed below.] Ciolino Co.'s March 31 inventory of raw materials is $160,000. Raw materials purchases in April are $480,000, and factory payroll cost in April is $236,000. Overhead costs incurred in April are: indirect materials, $24,000; indirect labor, $14,000; factory rent, $22,000; factory utilities, $11,000; and factory equipment depreciation, $22,400. The predetermined overhead rate is 40% of direct labor cost. Job 306 is sold for $360,000 cash in April. Costs of the three jobs worked on in April follow. 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)