Homework Assignment Help Save & Exit Submit Check my werk Required information The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $510,000, and factory payroll cost in Aprilis 5382,000. Overhead costs incurred in Aprilare: indirect materials, $58,000; Indirect labor, $21,000; factory rent. $33,000; factory utilities. $21,000; and factory equipment depreciation, $51,00 predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April. Costs of the three Jobs worked on in April follow. -Book Job 306 Job 307 Job 308 $ $ 25,000 22,000 11,000 43,000 16,000 0.000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct Labor Applied overhead status on April 30 135.000 103.000 200.000 150.000 $ 120,000 104.000 in Finished (old) Finished (unsold) process 3. Prepare a schedule of cost of goods manufactured Saved Homework Assignment 103,000 154,000 104,000 Direct labor Applied overhead Status on April 30 Finished (sold) Finished (unsold) process of 4 3. Prepare a schedule of cost of goods manufactured. bok inces MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used $ 361,000 Direct labor used 180.500 Factory overhead applied Total manufacturing costs 725,500 Add: Work in process March 31 125,000 Total cost of work in process 850,500 Less: Work in process April 30 T 3.500 Cost of goods manufactured $ 847,000