[The following information applies to the questions displayed below.] Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $530,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $54,000; indirect labor, $23,000; factory rent, $37,000; factory utilities, $22,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $685,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 25,000 24,000 12,000 $ 38,000 16,000 8,000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead 139,000 103,000 210,000 155,000 ? $ 110,000 102,000 ? ? Status on April 30 Finished (sold) Finished (unsold) In process Problem 15-1A 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 $ 25,000 $ 38,000 $ 24,000 16,000 63,000 40,000 20,000 12,000 8,000 Direct Labor Applied overhead Beginning goods in process For April Direct Materials $ 61,000 $ 62,000 $ 123,000 210,000 459,000 139,000 103,000 110,000 102,000 155,000 360,000 0 242,000 365,000 212,000 819,000 Direct Labor Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in: $ 0 Finished (sold) Cost of goods sold Finished (unsold) Finished goods inventory In process Work in process inventory