Concord Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1 Materials purchased on account $196,700, and factory wages incurred $94,100. 2 Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $37,040 $19.800 A21 45,020 22.600 A22 37.800 16.500 A23 41.370 27.100 General factory use 5,070 8.100 $166,300 594.100 3. Manufacturing overhead costs incurred on account 551,600 A Depreciation on factory equipment $15.850 5. Manufacturing overhead rate is 86% of direct labor cost Raw Materials Inventory $ Purchased raw materials Incurred factory labor Direct materials Indirect materials Direct labor Indirect labor Incurred overhead costs Factory depreciation Assigned overhead Completed jobs $ Manufacturing Costs Factory Labor $ Manufacturing Overhead S Manufacturing Overhead Work in Process Inventory Finished Goods Inventory $ $ Cost of Goods Sold