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show work please ! thank you Marcelino Co's March 31 inventory of raw materials is $81,000. Raw materials purchases in April are $590,000, and factory

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Marcelino Co's March 31 inventory of raw materials is $81,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $388,000. Overhead costs incurred in April are: indirect materials, $54.000; indirect labor, $27,000; factory rent, $31,000; factory utilities, $22,000; and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $690,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 308 $ 29,000 21,000 10,500 $ 43,000 15,000 7,500 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 ? Pinished (sold) 205,000 153,000 2 Finished (unsold) $110,000 105,000 2 In process 3. Prepare a schedule of cost of goods manufactured, MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used $ 454,000 Direct labor used 361,000 Factory overhead applied Total manufacturing costs 815,000 Add: Work in process March 31 Total cost of work in process 815,000 Less: Work in process April 30 Cost of goods manufactured $ 315.000

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