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 $82,000 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 387 Job 308 Job 386 $ 27,000 20,000 10,000 $36,000 17,000 8,5ee Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 131,000 101,000 210,000 153,000 $115,000 104,000 Finished (sold) Finished (unsold) In process Problem 19-1A Part 3 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured