Question: Correct the chart 3 Required information Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 The following information applies

Correct the chart  Correct the chart 3 Required information Problem 19-1A Production costs computed
and recorded; reports prepared LO C2, P1, P2, P3, P4 The following
information applies to the questions displayed below) Part 2 of 4 Marcelino
Co's March 31 inventory of raw materials is $84,000. Raw materials purchases

3 Required information Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 The following information applies to the questions displayed below) Part 2 of 4 Marcelino Co's March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $530,000, and factory payroll cost in April is $387000. Overhead costs incurred in April are: indirect materials, $50,000: indirect labor, $29,000; factory rent, $36,000; factory utilities, $23,000; and factory equipment depreciation, $54,000. 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 10 points ob 306 3ob 307 Job 308 Balances on Harch 31 Direct materials Direct labor Applied overhead 5 36,000 15,000 7,500 s 31,000 23,000 11,se0 Costs during April 131,000205,000$105,000 101,000 184,000 Direct labor Applied overhead Fidohea FIntshed in process Status on April 3 sold

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