Costs incurred: Purchases of direct materials (net) on credit $190,000 Direct manufacturing labour cost 84,000 Indirect labour Depreciation, factory equipment 62,000 21,000 Depreciation, office equipment Maintenance, factory equipment on credit Miscellaneous factory overhead on credit Rent, factory building Advertising expense Sales commissions 18,000 25,000 9,000 35,000 89,000 26,000 Overheads are allocated to work in process at the rate of $1.80 per direct manufacturing labour dollar. Inventories: Direct materials Work in process Finished goods Indirect materials are insignificant so there is no inventory account for indirect materials. 1-Jul-18 30-Jun-19 $15,000 $12,000 10,000 15,000 60,000 30,000