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[The following information applies to the questions displayed below.] Marcelino Co.s March 31 inventory of raw materials is $89,000. Raw materials purchases in April are

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[The following information applies to the questions displayed below.] Marcelino Co.s March 31 inventory of raw materials is $89,000. Raw materials purchases in April are $540,000, and factory payroll cost in April is $384,000. Overhead costs incurred in April are: indirect materials, $52,000 : indirect labor. $25,000; factory rent, $30,000; factory utilities, $25,000; and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $685,000 cash in Apri. Costs of the three jobs worked on in April follow. 3. Prepore a schedule of cost of goods manufactured 3. Prepare a schedule of cost of goods manufactured

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