The following information applies to the questions displayed belowj Marcelino Co s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $384,000. Overhead costs incurred in April are: indirect materials, $59,000 direct labor, $26,000; factory rent, $38,000; factory utilities, $21,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $645,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 308 Job 307 Balances on March 31 Direct materials 31,000 45,000 25,000 Direct labor 18,000 9,000 Applied overhead 12,500 Costs during April 205,000 10 Direct materials 136,000 154,000 101,000 Direct labor 103,000 Applied overhead Status on April 30 Finished (sold Finished (unsold in process