Required information (The following information applies to the questions displayed below) Marcelino Co's March 31 inventory of raw materials is $83,000. Raw materials purchases in April are $560,000, and factory payroll cost in April is $379,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor $21,000; factory rent, $37000; factory utilities, $24,000; and factory equipment depreciation, $51.000 The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $695,000 cash in April. Costs of the three jobs worked on in April follow. Overhead costs incurred in April are indirect materials Balances on March 31 Direct materials Direct labor Applied overhead s 27,e08 40,8e9 14,eee 7,000 24,0e8 12,e08 Costs during April Direct materials Direct labor Applied overhead 132,e00 200,000 $105,eee 153,e8e 1e1,6e8 104,000 Finished Fnished T proces Status on April 3e 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total Add: Work in process March 31 Total cost of work in process manufacturing costs Cost of goods manufactured