Business, 08.02.2022 19:40 cuppykittyy

Marcelino Co.'s March 31 inventory of raw materials is $81,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $368,000. Overhead costs incurred in April are: indirect materials, $56,000; indirect labor, $29,000; factory rent, $39,000; factory utilities, $22,000; and factory equipment depreciation, $61,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $645,000 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 $31,000 $37,000
Direct labor 21,000 16,000
Applied overhead 10,500 8,000
Costs during April
Direct materials 130,000 215,000 $100,000
Direct labor 101,000 150,000 101,000
Applied overhead ? ? ?
Status on April 30 Finished (sold) Finished (sold) In process

Required:
Prepare a schedule of cost of goods manufactured.

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Marcelino Co.'s March 31 inventory of raw materials is $81,000. Raw materials purchases in April are...

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