Marcelino Co.'s March 31 inventory of raw materials is $87 , 000 . Raw materlals purchases in April are $560 , 000 , and factory payroll cost in April is $379 , 000 . Overhead costs incurred in April are: indirect materials, $55 , 000 : indirect labor, $21 , 000 ; factory rent, $32.000 ; factory utilities, $24.000 ; and factory equlpment depreciation, $60 , 000 . The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $675 , 000 cash in April. Costs of the three jobs worked on in April foltow. 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). Journal entry worksheet Record the entry for Materials purchases (on credit). Note: Enter debits before credits. Journal entry worksheet 2 3 4 Journal entry worksheet Journal entry worksheet 3. Prepare a schedule of cost of goods manufactured. 3. Prepare a schedule of cost of goods manufactured. Add: Work in process April 30 Add: Work in process March 31 Add: Overapplied overhead Less: Work in process April 30 Less: Work in process March 31 \begin{tabular}{|l|l|} \hline TO. manuractunny cosis & 0 \\ \hline Total cost of work in process & \\ \hline & \\ \hline Cost of goods manufactured & $ \\ \hline \end{tabular} Add: Work in process March 31 Add: Overapplied overhead Less: Work in process April 30 \begin{tabular}{|l|l|} \hline Less: Underapplied overhead \\ \hline Tol. mannuactunng costs & \\ \hline Total cost of work in process & \\ \hline & \\ \hline Cost of goods manufactured & $ \\ \hline \end{tabular} ctured 4-a. Compute gross profit for April. 4-b. Show how to present the inventories on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Compute gross pront for April. Show how to present the inventories on th .

1. Marcelino Co.'s March 31 inventory of raw materials is $87 , 000 . Raw materlals purchases in
April are $560 , 000 , and factory payroll cost in April is $379 , 000 . Overhead costs incurred in
April are: indirect materials, $55 , 000 : indirect labor, $21 , 000 ; factory rent, $32.000 ; factory
utilities, $24.000 ; and factory equlpment depreciation, $60 , 000 . The predetermined overhead
rate is 50% of direct labor cost. Job 306 is sold for $675 , 000 cash in April. Costs of the three
jobs worked on in April foltow. 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). Journal entry worksheet Record the entry for Materials
purchases (on credit). Note: Enter debits before credits. Journal entry worksheet 2 3 4 Journal
entry worksheet Journal entry worksheet 3. Prepare a schedule of cost of goods manufactured. 3.
Prepare a schedule of cost of goods manufactured. Add: Work in process April 30 Add: Work in
process March 31 Add: Overapplied overhead Less: Work in process April 30 Less: Work in
process March 31 begin{tabular}{|l|l|} hline TO. manuractunny cosis & 0 hline Total cost of
work in process & hline & hline Cost of goods manufactured & $ hline end{tabular}
Add: Work in process March 31 Add: Overapplied overhead Less: Work in process April 30
begin{tabular}{|l|l|} hline Less: Underapplied overhead hline Tol. mannuactunng costs &
hline Total cost of work in process & hline & hline Cost of goods manufactured & $
hline end{tabular} ctured 4-a. Compute gross profit for April. 4-b. Show how to present the
inventories on the April 30 balance sheet. Complete this question by entering your answers in the
tabs below. Compute gross pront for April. Show how to present the inventories on th