Required Saved Help [The following intormation applies to the questions displayed below. Marcelino Co's March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $530,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $58,000, indirect labor, $28,000; factory rent, $32,000; factory utilities, $21,000; and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 26,000 21,000 10,500 $ 40,000 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 38 220,000 150,000 $ 105,000 102,000 138,000 103,000 ? Finished (sold) Finished (unsold) In process Problem 19-1A Part 1 Prey 1 2 3 4 of 9 Next > Insert Delete F12 (F10 F11 Prescr M FB F4 F5 F6 F9 D Il + Backse 0 70 & O z 9 8 6 3 4 5 P O E R Y Required information 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total $ 26,000 21,000 10,500 40,000 14.000 7,000 $ 66,000 35,000 17.500 From March Direct Materials Direct Labor Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April 138.000 220,000 150.000 105,000 102.000 463.000 355,000 103,000 Total costs (April 30) In winnas Finleher hinand Statie in Arril 30 Finisher (soll Prey 1 2 3 4 of 9 Next > Tz DELL Priser Vinsert F11 F12 FB F9 F10 F7 F6 F5 F3 F4 14 A & $ % 9 o 8 7 6 5 3 4 o T U E R Saved Required information Direct Labor 21 000 10.500 34 14,000 7,000 of 4 17 Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April 5 ts 4630 138,000 103,000 220,000 150,000 105,000 102,000 355,00 eBook Print Total costs (April 30) References Finished (sold) Finished (unsold) In process Status on April 30 April 30 cost included in MC GE Proy 1 2 3 4 of 9 Next > Ez w PrtScr Insert 712 F11 F9 F10 FB FZ F4 ES FG F2 F3 * % $ ) O @ & 7 # 3 9 8 4 5 6 2 o U 1 w E R TE H S D F