Cullumber Manufacturing Company uses a job order cost system and keeps perpetual inventory records. June 1 Purchased raw materials for $16,800 on account. 8 Raw materials requisitioned by production: $6,720 Direct materials Indirect materials 840 Paid factory utilities, $1.764 and repairs for factory equipment. $6,720. 15 222 25 Incurred $128,000 of factory labor. 25 Time tickets indicated the following: Direct Labor (7,000 hrs x $14 per hr) $98,000 Indirect Labor (3,000 hrs x $10 per hr) 30,000 $128,000 25 Applied manufacturing overhead to production based on a predetermined overhead rate of $9 per direct labor hour worked, 28 Goods costing $18,300 were completed in the factory and were transferred to finished goods inventory. 30 Goods costing $15,300 were sold for $20,300 on account.