Christopher's Custom Cabinet Company uses a job order cost system with overhead applied as a percentage of direct labor costs. Inventory balances at the beginning of the current year follow: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory $ 15,400 5,700 20,600 The following transactions occurred during January a. Purchased materials on account for $26,100. b. Issued materials to production totaling $20,900, 90 percent of which was traced to specific jobs and the remainder of which was treated as indirect materials. c. Payroll costs totaling $16,500 were recorded as follows: $10,100 for assembly workers $2,900 for factory supervision $1,800 for administrative personnel $1,700 for sales commissions d. Recorded depreciation: $4,500 for factory machines, $1,100 for the copier used in the administrative office. e. Recorded $1,600 of expired insurance. Forty percent was insurance on the manufacturing facility, with the remainder classified as an administrative expense. f. Paid $4,900 in other factory costs in cash. g. Applied manufacturing overhead at a rate of 200 percent of direct labor cost. h. Completed all jobs but one; the job cost sheet for the uncompleted job shows $2,300 for direct materials, $2,300 for direct labor, and $4,600 for applied overhead. i. Sold jobs costing $51,000. The revenue earned on these jobs was $66,300.