History Bookmarks Window Help Help Save & Exit Required information Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 (The following information applies to the questions displayed below. Marcelino Co's March 31 inventory of raw materials is $83,000. Raw materials purchases in April are $540,000, and y payroll cost in April is $378,000. Overhead costs incurred in April are: indirect materials, $58,000: indirect labor, $21,000, factory rent, $39,000; factory utilities, $25,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold fofS630,000 cash in April. Costs ofthe three jobs worked on in April follow Balances on Mareh 31 Direct materials Direct labor 27,000 23,000 11,500 40,000 16,000 8, 000 Applied overhead Costs during April Direct materials Direct labor 135,000 100,000 210,000 $105,000 154,000 103,000 Applie 1abor Applied overhead Status on April 30 Pinished (sold) Finished (unsold) process K Prev9 10 1 Next > 20 oo F4 44 f1 FS FS F7 F9 F10