Required information

Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4

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Ciolino Co.'s March 31 inventory of raw materials is $190,000. Raw materials purchases in April are $470,000, and factory payroll cost in April is $250,000. Overhead costs incurred in April are: indirect materials, $30,000; indirect labor, $15,000; factory rent, $15,000; factory utilities, $13,000; and factory equipment depreciation, $38,750. The predetermined overhead rate is 45% of direct labor cost. Job 306 is sold for $340,000 cash in April. Costs of the three jobs worked on in April follow.

	Job 306				Job 307				Job 308
Balances on March 31
Direct materials		$	17,000			$	13,000
Direct labor			21,000				9,000
Applied overhead			9,450				4,050
Costs during April
Direct materials			105,000				180,000			$	75,000
Direct labor			22,000				73,000				140,000
Applied overhead			?				?				?
Status on April 30	Finished (sold)				Finished (unsold)					In process

Problem 19-1A 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).