Required information Problem 19-1A 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 $82000 Raw materials purchases in April are $590,000, and factory payroll cost in April is $388,000. Overhead costs incurred in April are indirect materials. $60,000 indirect labor, $30,000 factory rent $34,000, factory utilities, $20,000 and factory equipment depreciation $58.000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $635,000 cash in April Costs of the three Jobs worked on in April follow Job 306 Job 37 Sob 308 $ $ 27,00 20,000 10,000 36,000 17.000 8.500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 11.000 101.900 210,000 153,000 $115000 104.000 Finished (sold Finished (unsold In process X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 4A Required 4B Show how to present the inventories on the April 30 balance sheet: Inventories Raw materials $ Work in process Finished goods Total inventories $ 156,000 271,000 427 000