/The following information applies to the questions displayed below/ Marcelino Co.'s March 31 Inventory of raw materlals ls $88,000. Raw materlals purchases lin April are $510,000, and factory payroll cost In April ls $388,000. Overhead costs Incurred In April are: Indlrect materlals, $56,000, Indirect labor, $25,000; factory rent, $31,000; factory utlltles, $21,000; and factory equipment depreclatlon, $58,000. The predetermlned overhead rate ls 50% of direct labor cost. Job 306 ls sold for $635,000 cash In April. Costs of the three Jobs worked on In April follow. Job 307 Job 306 Job 308 Balances on March 31 26,000 39,000 Direct materials 21,000 Direct labor 15,000 7,500 Applied overhead 10,500 Costs during April 205.000 100,000 Direct materials 132,000 104,000 104,000 Direct labor 155,000 Applied overhead Status on April 30 Finished (sold) Finished (unsold) n process