Marco Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $86 , 000 . b. Raw materials purchases in April are $520 , 000 , and total factory payroll cost in April is $385 , 000 . c. Actual overhead costs incurred in April are indirect materials, $54 , 000 ; indirect labor, $28 , 000 ; factory rent, $36 , 000 ; factory utilities, $21 , 000 ; and factory equipment depreciation, $57 , 000 . d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $650.000 cash in April. Compute gross profit for April. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Inventories } \\ \hline Raw materials & \\ \hline Work in process & \\ \hline Finished goods & \\ \hline Total inventories & $ \\ \hline \end{tabular} .