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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 $80,000. 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 $80,000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $363,000. Overhead costs incurred in April are: indirect materials, $50,000; indirect labor, $23,000; factory rent, $32,000; factory utilitjes, $19,000; and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Cpsts of the three jobs worked on in April follow Job 306 Job 307 Job 308 Balances on March 31 Direct materials Direct labor $ 29,000 20,000 10,000 $ 35,000 18,000 9,000 Applied overhead Costs during April Direct materials Direct labor Applied overhead 135,000 220,000 150,000 $100,000 105,000 85,000 2 Finished (unsold) Finished In Status on April 30 (sold) process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the tote assigned to each job (including the balances from March 31). April Total Job 307 Job 308 Job 306 From March S 64,000 35,000 29,000 Direct Materials 20,000 18,000 38,000 Direct Labor Applied overhead 9,000 10,000 19,000 Beginning goods in process For April Direct Materials 135,000 220,000 100,000 455,000 Direct Labor 85,000 150,000 105,000 340,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 Finished (sold) Finished (unsold) In process April 30 cost included in

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