Saved Homework Check my we Required information Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 [The following information applies to the questions displayed below) Marcelino Co.'s March 31 inventory of raw materials is $81,000, Raw materials purchases in April are $510,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $52,000; Indirect labor, $24,000; factory rent, $40,000; 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 $700,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 29,000 23,000 11,500 $ 43,000 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 30 139,000 103,000 ? Finished (sold) 220,000 151,000 2 Pinished (unsold) $120,000 105,000 2 In process Problem 19-1A Part 1 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost 12 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total $ $ ed 29.000 23,000 11,500 43,000 14,000 7,000 $ 72,000 37,000 18,500 $ 0 ok 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 Total costs (April 30) Status on April 30 April 30 cost included in: 139,000 103,000 220,000 151,000 120,000 105.000 479,000 359,000 0 242,000 371,000 225,000 838,000 0 $ Finished (sold) Finished unsold) In process