[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 $590,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $56,000; indirect labor, $23,000; factory rent, $38,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April. Costs of the three jobs worked on in April follow. Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 Job 306 Job 307 Job 308 $ 29,000 21,000 $ 40,000 16,000 10,500 8,000 133,000 104,000 ? 215,000 151,000 ? $110,000 103,000 ? In process Finished (sold) Finished (unsold) [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 $590,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $56,000; indirect labor, $23,000; factory rent, $38,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April. Costs of the three jobs worked on in April follow. Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 Job 306 Job 307 Job 308 $ 29,000 21,000 $ 40,000 16,000 10,500 8,000 133,000 104,000 ? 215,000 151,000 ? $110,000 103,000 ? In process Finished (sold) Finished (unsold) Journal entry worksheet 1 2 3 4 5 6 7 8 13 > Record the entry for Materials purchases (on credit). Note: Enter debits before credits. Transaction a. General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet 1 2 3 4 5 6 7 8 13 Record the direct materials used in production. Note: Enter debits before credits. Transaction b. General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet Record the indirect labor paid and assigned to Factory Overhead. Note: Enter debits before credits. Transaction d. General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet