1-9

Carla Vista Corporation incurred the following transactions. 1. Purchased raw materials on account $54,710. 2. Raw Materials of $42,480 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,100 was classified as indirect materials. 3. Factory labor costs incurred were $70,720. 4. Time tickets indicated that $63,720 was direct labor and $7,000 was indirect labor. 5. Manufacturing overhead costs incurred on account were $94,990. 6. Depreciation on the company's office building was $9,520. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $103,840 were completed and transferred to finished goods. 9. Finished goods costing $88,500 to manufacture were sold on account for $121,540