[The following information applies to the questions displayed below] Marcelino Co's March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $25,000; factory rent, $34,000, factory utilities, $19,000; and factory equipment depreciation, $60,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 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 Applied overhead Costs during April Direct materials Direct labor Applied overhead $ 31,000 21,000 10,500 $ 36,000 18,000 9,000 138,000 103,000 215,000 153,000 $115,000 102,000 Finished (sold) Finished (unsold) Status on April 30 In process Problem 02-1A Part 1 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 April Total From March Direct Materials 31,000 36.000 $ 67,000 Direct Labor 21,000 18,000 39.000 Applied overhead 10.500 9.000 19.500 $ 125 500 Beginning goods in process For April 62.500 63,000 Direct Materlals Direct Labor 138,000 215.000 115.000 468.000 103.000 153.000 102.000 358 000 Applied overhead Total costs added in April Total costs (Apr 30) Status on Aprl 30 Finished (sold) Finished (unsold) In process Aprl 30 cost indluded in