3. Manufacturing overhead costs incurred on account $51,800. 4. Depreciation on factory equipment $16,450. 5. Depreciation on the company's office building was $15,000. 6. Manufacturing overhead rate is 85% of direct labor cost. 7. Jobs completed during the quarter: A20,A21, and A23. pare a schedule showing the individual cost elements and total cost for each job in item 7. 1. Materials purchased on account $193,600, and factory wages incurred $94,300. 2. Materials requisitioned and factory labor used by job: Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount is not indent manually.)