Requlred Informatlon The following information applies to the questions displayed belowJ Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $379,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $25,000; factory rent, $36,000; 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 $635,000 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 Direct labor Applied overhead $26,000 20,000 10,000 $37,000 19,000 9,500 Costs during April $115.000 Direct materials Direct labor Applied overhead 135,000 210,000 101,000 152,000 101,000 Status on April 30 Finished (sold) Finished (unsold In process