work Required information Problem 19-1A 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 $85,000. Raw materials purchases in April are $540,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: indirect materials, $54,000; indirect labor $25,000: factory rent, $34,000; factory utilities, $24,000; and factory equipment depreclation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $670,000 cash in April Costs of the three jobs worked on in Aprill follow. Job 306Job 307 Job 308 Balances on Mareh 31 Direct materials Direct labor Applied overhend 31,000 43,000 19,000 9,500 25,000 12,500 Costs daring Aprll Direct materials Direet labor Applied overhead Statun on April 30 135,000215,000 $110,000 155,000 204,000 101,000 Finished Finiahed (unsold) (sold) process Problem 19-1A Part 1 Reauired: 8 3 8 9 0