Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are...

Job 306 Job 307 Job 308 April Total from March Direct materials $25,000 $40,000 $65,000 Direct labor $21,000 $14,000 $35,000 Applied overhead $10,500 $7,000 $17, soo beginning goods-in- $56,500 $61,000 $0 $ 17,00 Process for April Direct Materials $135000 $210,000 $105,000 $450,000 Direct labor $100,000 $155,000 $104,000 $359,000 Applied overhead $50,000 $77,500 $52,000 $ 179,500 Total costs added in April $285,000 $442,500 $261,000 $988,500 Total costs (Aprid 30) $341,500 $503,500 $261,000 $1,106,000 finished finished Status on April 30 (sold) (unsold) In process April 30 cost Cost of finished work in included in goods sold process goods inventory Inventory Calculation: Beginning goods in process = (Direct materials & Direct Labor & Applied overhead) for Job 306: Beginning goods in process = ($25,000 & & 21,000+ $10.500 - $56,500

Applied overhead & 50% of direct labor cost Job 3o6: Applied overhead & 50% * $100,000 - $50,000 Job 307: Applied overhead & 50% * $155,000 & $77,500 Job 308 : Applied overhead = 50% * $ 104,000 = $52,000 April Total: Applied overhead = 50% & $359,000 = $179,500 Total costs added in April = Direct Materials & Direct Labor & Applied overhead for Job 3obi Total costs added in April = $135,000 + $100,000+ $50,000 = $285,000 goods, Total coste (April 30) =/ Beginning in process & Total costs added in April) for Job 306? Total costs = $56,500 & $285,000 - $341,500