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The following information applies to the questions displayed below.) Marcelino Co's March 31 inventory of raw materials is $87.000 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 $87.000 Raw materials purchases in April are $550,000, and factory payroll cost in April is $389.000. Overhead costs incurred in April are: Indirect materials, $56,000; indirect labor, $30.000 factory rent, $34,000; factory utilities, $19.000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $680,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 387 Job 388 $ 20,000 23,000 11,500 5.40,000 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 30 132,000 101,000 220,000 154,000 $105,000 104,000 Finished sold) Finished Cunsold In process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead, and the tota assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total S S 28.000 23.000 11.500 40.000 15.000 7.500 $ 68,000 38.000 19.000 From March Dired Materials Direct Labor Applied overhead Beginning goods in process For Apni Direct Material Direct Labor Applied overhoad Total costs added in April Total costs April 30 Status on 30 April 30 colinduded in 132.000 101.000 220,000 154000 105.000 104.000 457 000 359 000 Finished (0) Fished unsold In process

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