Required information Problem 02-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following information applies to the questions displayed below! Marcelino Co.'s March 31 inventory of raw materials is $82.000 Raw materials purchases in April we $560,000, and factory payroll cost in April is $381,000. Overhead costs incurred in Aortare Indirect materials, $53.000 indirect labor 521000, factory rent, $35,000 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 5635.000 carth in April. Costs of the three jobs worked on in April follow 3000 300 Balances on March 31 Direct materials $ 20,000 $. Direct labor 23.000 19,00 Applied overhead 11,500 9.54 Costs during April Direct materials 239.000 220,000 $120.000 Direct labor 102.00 114,000 applied overhe Finished Status on April 30 Finished (sold) (unco) process 100.000 In Problem 02-1A Part 2 a. Materials purchases ton credit) b. Direct materials used in production c. Direct labor paid and assigned to Work in Process Inventory d. Indirect tabor paid and assigned to Factory Overhead e. Overhead costs applied to Work in Process Inventory . Actual overhead costs incurred including indirect materials (Factory tent and utilities are paid in cash 9. Transfer of Jobs 306 and 307 to Finished Goods inventory h. Cost of goods sold for Job 306 1. Revenue from the sale of Job 306 1. Assignment of any underapplied or overapplied overhead to the cost of Good Sold account (The amount is not material 2. Prepare journal entries for the month of April to record the above transactions Journal entry worksheet