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z 6 Connect Saved Required information [The following information applies to the questions displayed below) Marcelino Co's March 31 Inventory of raw materials is $90,000.

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z 6 Connect Saved Required information [The following information applies to the questions displayed below) Marcelino Co's March 31 Inventory of raw materials is $90,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: Indirect materials, $57,000 indirect labor. $24.000; factory rent. $32,000, factory utilities, $24,000, and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 387 Job 388 Balances on March 31 Direct $ 30,000 $39,000 materials Direct 24,000 labor 17,000 Applied 12,800 overhead 8,500 Costs during April Direct 137,000 215,000 $115,000 materials Direct 103,000 labor 154,000 105,000 Applied overhead 7 Status on Finished Finished In April 30 (sold) (unsold) process 3. Prepare a schedule of cost of goods manufactured MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs 0 Total cost of work in process 0 Cost of goods manufactured $ 0

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