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Marcelino Co.'s March 31 inventory of raw materials is $89,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor, $27,000; factory rent, $32,000; factory utilities, $22,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $695,000 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		$	25,000			$	41,000
Direct labor			24,000				15,000
Applied overhead			12,000				7,500
Costs during April
Direct materials			139,000				215,000			$	120,000
Direct labor			100,000				154,000				102,000
Applied overhead			?				?				?
Status on April 30	Finished (sold)				Finished (unsold)					In process

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).

Job 306		Job 307		Job 308		April Total
From March
Direct Materials	$25,000		$41,000				$66,000
Direct Labor	24,000		15,000				39,000
Applied overhead	12,000		7,500				19,500
Beginning goods in process							$0
For April
Direct Materials	139,000		215,000		120,000		474,000
Direct Labor	100,000		154,000		102,000		356,000
Applied overhead							0
Total costs added in April	239,000		369,000		222,000		830,000
Total costs (April 30)							$0
Status on April 30	Finished (sold)		Finished (unsold)		In process
April 30 cost included in:

Answer 1

	Job 306	Job 307	Job 308	April Total
From March
Direct Materials	$25,000	$41,000		$66,000
Direct Labor	24,000	15,000		$39,000
Applied overhead	12,000	7,500		$19,500
Beginning goods in process	$61,000	$63,500	$0	$124,500
For April
Direct Materials	139,000	215,000	120,000	$474,000
Direct Labor	100,000	154,000	102,000	$356,000
Applied overhead	50,000	77,000	51,000	$178,000
Total costs added in April	$289,000	$446,000	$273,000	$1,008,000
Total costs (April 30)	$350,000	$509,500	$273,000	$1,132,500
Status on April 30	Finished (sold)	Finished (unsold)	In process
April 30 cost included in:	Cost of goods sold	Finished goods inventory	Goods in process inventory