1. Materials purchased on account $197,900, and factory wages incurred $93,100. 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 Materials $37,740 44,320 38,000 41,770 5,270 $167,100 Factory Labor $19,200 23,600 15,600 27,100 A23 General factory use 7,600 $93,100 3. Manufacturing overhead costs incurred on account $53,000. 4. Depreciation on factory equipment $17,150. 5. Manufacturing overhead rate is 83% of direct labor cost. 6. Jobs completed during the quarter: A20, A21, and A23. Record the operations summarized above. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead 1. Purchased raw materials $ $ 1. Incurred factory labor 2. Direct materials 2. Indirect materials 2. Direct labor 2. Indirect labor 3. Incurred overhead costs 4. Factory depreciation 5. Assigned overhead 6. Completed jobs Prepare a schedule showing the individual cost elements and total cost for each job in item 6. Prepare a schedule showing the individual cost elements and total cost for each job in item 6. Job Direct Materials Direct Labor Manufacturing Overhead Total A20 $ A21 A23