Saved 3 Part 2 of 4 20 points eBook Print References Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Job 306 Job 307 Job 308- $ 25,000 20,000 10,000 $ 36,000 16,000 8,000 139,000 102,000 ? Finished (sold) 200,000 $110,000 153,000 Finished (unsold) 101,000 2 In process Additional Information Help Save & Em a. Raw Materials Inventory has a March 31 balance of $87,000. b. Raw materials purchases in April are $580,000, and total factory payroll cost in April is $385,000. c. Actual overhead costs incurred in April are indirect materials, $53,000, indirect labor, $29,000; factory rent, $34,000, factory utilities, $21,000; and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $645,000 cash in April. Chec 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 Job 300 April Total March Direct materials S 25,000. S Direct labor 20,000 Overhead applied 10,000 36,000 16,000 8,000 Work in process, beginning $ April Direct materials 139,000 200,000 Direct labor 102,000 153.000 110,000 101,000 449,000 356,000 Overhead applied 0 Costs added in April 241,000 353,000 211,000 805,000 S 0 Total costs Status on April 30 Finished (sold) Finished (unsold) In process April 30 cost included in: 9