a. Raw materials purchased on account, $225,000. b. Raw materlals used in production (all direct materials), $210,000. c. Utility bills incurred on account, $58,000 (95 % related to factory operations, and the remainder related to selling and administrative activities). d. Accrued salary and wage costs: Direct labor (1,125 hours) Indirect labor Selling and administrative salaries $ 255,00e $ 95,000 135,000 e. Maintenance costs incurred on account in the factory, $59.000 f. Advertising costs incurred on account. $141,000. g. Depreciation was recorded for the year. $89,000 (70 % related to factory equipment, and the remainder related to selling and administrative equipment). h. Rental cost incurred on account, $114,000 (75 % related to factory facilitles, and the remainder related to selling and administrative facilities). i Manufacturing overhead cost was applied to jobs, $ Cost of goods manufactured for the year, $820,000 k. Sales for the year (all on account) totaled $1.450,000 These goods cost $850,000 according to their job cost sheets The balances in the inventory accounts at the beginning of the year were Raw Materials Work in Process $35,e00 $ 26,000 $ 65.000 Finished Goods Checl Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor- hours. Its predetermined overhead rate was based on a cost formula that estimated $336,000 of manufacturing overhead for an estimated allocation base of 1,050 direct labor-hours. The following transactions took place during the year a. Raw materlals purchased on account, $225,000. b. Raw materials used in production (all direct materials), $210,000. c. Utility bills incurred on account, $58,000 (95 % related to factory operations, and the remainder related to selling and administrative activities). d. Accrued salary and wage costs Direct labor (1,125 hours) Indirect labor Selling and administrative salaries $ 255,000 95,000 $ 135,000 e. Maintenance costs incurred on account in the factory. $59,000 f. Advertising costs incurred on account, $141,000 g. Depreciation was recorded for the year, $89,000 (70 % related to factory equipment, and the remainder related to selling and administrative equipment) h. Rental cost incurred on account, $114,000 (75 % related to factory facilities, and the remainder related to selling and administrative facilities) L Manufacturing overhead cost was applied to jobs, $? Cost of goods manufactured for the year, $820.000. k. Sales for the vear (all on account) totaled $1.450,000. These goods cost $850,000 according to their job cost sheets The balances in the inventory accounts at the bealnning of the vear were