Saved 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 $550,000, and factory payroll cost in April is $382,000. Overhead costs incurred in April are: Indirect materials, $53,000; indirect labor, $25,000; factory rent. $40,000; factory utilities, $24,000; and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $640,000 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 $ 38,000 15.000 7,500 Balances on March 31 Direct materiale Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 132,000 101,000 215,000 153,000 ? Finished (unsold) $ 105,000 103,000 2 In process Finished (sold) -ssignment Seved Status on April 30 Finished (sold) Finished (unsold) In process of 4 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and th assigned to each job (including the balances from March 31). 02:50:13 Job 306 Job 307 Job 308 April Total From March ipped Direct Materials $ $ 38,000 29,000 23,000 11,500 15,000 7,500 $ 67,000 38,000 19,000 S 0 Book 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 Print 132,000 101,000 215,000 153,000 105,000 103.000 452,000 357,000 0 809,000 eferences 233,000 68,000 208,000 s 0 Finished (sold) Finished (unsold) In process April 30 cost included in