ework0 Saved Help Save & Exit Submit Check my work Required information Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 IThe following information applies to the questions displayed below] Marcelino Co.s March 31 inventory factory payrollcost in Api is $381,000. Overhead costs incurred in April are: indirect materials, $59,000: indirect labor of raw materials is $84,000. Raw materials purchases in April are $520,000, and $24,000; factory rent, $34,000: factory utilities, $22,000; and factory equipment predetermined overhead rte 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 $31,000 42,000 Balances on March 31 Direct materials Direct labor Applied overhead 21,000 10,500 14,000 7,000 Costs during April Direct materials Direct labor Applied overhead 140,000 101,000 215,000 $115,000 153,000 103,000 Finished rinished In Status on April 30 (sold) (unsold) process Problem 15-1A Part 1 Required