Williams Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Balances on March 31 Direct materials (in March) Direct labor (in March) $ 34,200 25,200 12,600 $ 42,800 20,600 10,300 Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information Job 308 140,200 95,400 ? Finished 227,800 163,000 ? $ 102,600 107,600 ? (sold) Finished (unsold) In process . Raw Materials Inventory has a March 31 balance of $93,000. b. Raw materials purchases in April are $505,200, and total factory payroll cost in April is $391,600. c. Actual overhead costs incurred in April are indirect materials, $52,600; indirect labor, $25,600; factory rent, $34,600; factory utilities, $21,600; and factory equipment depreciation, $56,200. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $650,000 cash in April.