Answer:
Marcelino Co.
Total production cost incurred for April and the total cost assigned to each job:
                                       Job 306        Job 307         Job 308         Total
Total production cost
  incurred for April      $294,000      $437,500      $271,000  $1,002,500
Total cost assigned    $356,500     $507,000      $271,000   $1,134,500
Explanation:
a) Data and Calculations:
March 31 inventory of 
raw materials =                       $88,000
April costs:
Raw materials purchases = $540,000
Factory payroll cost =          $380,000
Overhead costs incurred = $206,000
Total costs =                       $1,214,000
April ending WIP inventory    271,000
Total cost incurred             $943,000
Overhead costs incurred:
Indirect materials = $59,000
Indirect labor = $25,000
Factory rent = $38,000
Factory utilities = $23,000
Factory equipment depreciation = $61,000
Total factory overhead = $206,000
Predetermined overhead rate = 50% of DLC
Sales of Job 306 in April = $655,000 cash
                                       Job 306        Job 307         Job 308         Total
Balances on March 31
Direct materials             $28,000       $44,000                             $72,000
Direct labor                      23,000          17,000                               40,000
Applied overhead             11,500           8,500                               20,000
Total Beginning WIP     $62,500      $69,500       $0                $132,000
Costs during April
Direct materials             138,000       205,000       $115,000      458,000
Direct labor                   104,000       155,000         104,000       363,000
Applied overhead          52,000         77,500          52,000        181,500
Total production cost
  incurred for April    $294,000     $437,500      $271,000  $1,002,500
Total cost assigned  $356,500    $507,000      $271,000   $1,134,500
Status on April 30 Finished (sold)   Finished (unsold)   In process
                                    Job 306            Job 307              Job 308