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 $88,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $29,000; factory rent, $38,000; factory utilities, $21,000; and factory equipment depreciation, $52,000. 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 Balances on March 31 Job 306 Job 307 Job 308 Direct materials $ 25,000 $ 36,060 Direct labor 20,060 19,090 Applied overhead 10,906 9, 500 Costs during April Direct materials 133, 000 210,000 $ 105,090 Direct labor 102, 060 152,060 103, 096 Applied overhead Status on April 30 Finished Finished (sold) ( unsold) In process Problem 15-1A Part 1 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31)