2) TTY Corp. Uses a Job-order costing system to account for its production. During the month of January, the following events occurred a) materials were purchased on account for $35,480 b) materials totaling $33,650 were requisitioned for use in production c) direct labor payroll was $15,750 d) actual overhead of $41,260 was incurred and paid (use account title "various accounts" e) factory overhead was charged to production at the rate of 280 percent of direct labor f) completed units costing $85,450 were transferred to finished goods. g) units costing $77,825 were sold on account for $101,175