[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 $570,000, and factory payroll cost in April is $368,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor, $24,000; factory rent, $39,000; factory utilities, $21,000; and factory equipment depreciation, $57,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 30,000 23,000 11,500 $ 37,000 13,000 6,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead 131,000 103,000 ? 210,000 155,000 $ 120,000 100,000 ? ? Status on April 30 Finished (sold) Finished (unsold) In process 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 $ $ 67,000 37,000 13,000 Direct Labor 36,000 30,000 $ 23,000 11,500 64,500 $ 6,500 Applied overhead Beginning goods in process For April 18,000 121,000 $ 56,500 $ Direct Materials 120,000 131,000 103,000 210,000 155,000 461,000 358,000 Direct Labor 100,000 0 234,000 365,000 220,000 819,000 Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in: $ 0 Finished (sold) Finished (unsold) In process Journal entry worksheet Record the direct materials used in production. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal Journal entry worksheet Record the Direct labor paid and assigned to Work in Process Inventory. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the indirect labor paid and assigned to Factory Overhead. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 01 6 7 8 13 > Record the entry for Overhead costs applied to Work in Process Inventory. Note: Enter debits before credits. Transaction General Journal Debit Credit e. Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the cost of indirect materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit f(1). Record entry Clear entry View general journal Journal entry worksheet Record the cost of factory utilities, paid in cash. Note: Enter debits before credits. Transaction General Journal Debit Credit f(2). Record entry Clear entry View general journal Journal entry worksheet Record depreciation on factory equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit f(3). Record entry Clear entry View general journal Journal entry worksheet Record the Cost of goods sold for Job 306. Note: Enter debits before credits. Transaction General Journal Debit Credit h. Record entry Clear entry View general journal Journal entry worksheet Record the revenue from the sale of Job 306. Note: Enter debits before credits. Transaction General Journal Debit Credit i. Record entry Clear entry View general journal Journal entry worksheet