Bramble Corporation incurred the following transactions. 1 Purchased raw materials on account $52,700 2 Raw Materials of $42.700 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8.600 was classihed as indirect materials 3 Factory labor costs incurred were 567,600 4. Time tickets indicated that $55,500 was direct labor and $12,100 was indirect labor 5 Manufacturing overhead costs incurred on account were $81.800 Manufacturing overhead was applied at the rate of 160% of direct labor cost. 7 Goods costing 590,500 were completed and transferred to finished goods Finished goods costing $78.000 to manufacture were sold 6 8 Manufacturing Costs Factory Labor Raw Materials Inventory Manufacturing Overhead $ 1. Purchased raw materials 2. Direct materials 2. Indirect materials 3. Incurred factory labor 4 Direct labor 4 Indirect labor 5. Overhead costs incurred 6. Assigned overhead 7. Completed goods 8. Goods sold Manufacturing Overhead Work in Process Inventory Finished Goods Inventory Cost of Goods Sold 5 S S