(The following information applies to the questions displayed below.) Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied $ 28,000 23,000 11,500 $ 36,000 16,000 8,000 139,000 100,000 ? $ 110,000 101,000 210,000 153,000 ? Finished (unsold) Status on April 30 Finished (sold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $89,000. b. Raw materials purchases in April are $590,000, and total factory payroll cost in April is $381,000. C Actual overhead costs incurred in April are indirect materials, $51,000; indirect labor, $27,000; factory rent, $30,000; factory utilities, $20,000; and factory equipment depreciation, $50,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $685,000 cash in April. Award: 6.00 points 4. Prepare a schedule of cost of goods manufactured for the month end April 30. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured References Worksheet Learning Objective: 19-P1 Describe and record the flow of materials costs in job order costing. Learning Objective: 19-P3 Describe and record the flow of overhead costs in job arder costing Difficulty: 3 Hard Learning Objective: 19-P2 Describe and record the flow of labor costs in job order costing. Learning Objective: 19-P4 Close overapplied and underapplied factory overhead