[The following information applies to the questions displayed below.] Marcelino Co's March 31 inventory of raw...

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[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 $550,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $57,000; Indirect labor, $22,000; factory rent, $34,000; factory utilities, $23,000; and factory equipment depreciation, $56,000. 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 Balances on March 31 Direct materials Direct labor $ 25,000 Applied overhead. 23,000 11,500 $ 35,000 15,000 7,500 Costs during April Direct materials 137,000 Direct labor Applied overhead 104,000 2 215,000 150,000 $120,000 105,000 2 Status on April 30 Finished (sold) Finished (unsold) In process 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 From March Direct Materials $ 25,000 $ Direct Labor 23,000 35,000 15,000 April Total $ 60,000 38,000 Applied overhead 11,500 7,500 19.000 Beginning goods in process For April Direct Materials 137,000 Direct Labor 104,000 215,000 150,000 120,000 472,000 105,000 350,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 Finished (sold) Finished (unsold). In process April 30 cost included in [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 $550,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $57,000; Indirect labor, $22,000; factory rent, $34,000; factory utilities, $23,000; and factory equipment depreciation, $56,000. 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 Balances on March 31 Direct materials Direct labor $ 25,000 Applied overhead. 23,000 11,500 $ 35,000 15,000 7,500 Costs during April Direct materials 137,000 Direct labor Applied overhead 104,000 2 215,000 150,000 $120,000 105,000 2 Status on April 30 Finished (sold) Finished (unsold) In process 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 From March Direct Materials $ 25,000 $ Direct Labor 23,000 35,000 15,000 April Total $ 60,000 38,000 Applied overhead 11,500 7,500 19.000 Beginning goods in process For April Direct Materials 137,000 Direct Labor 104,000 215,000 150,000 120,000 472,000 105,000 350,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 Finished (sold) Finished (unsold). In process April 30 cost included in