Details Materials Used 2. In February 20x2 Sung Industries completed a contract of installing tracking devices for Maluni Logistics. During the accounting period that ended on 29 February 20x2 the following information was supplied to you: Amount R800 000.00 Materials returned to storeroom R25 200.00 Wages paid Overhead absorbed R560 000.00 R24 250.00 Machinery issued to site R221 000.00 Machinery transferred to another contract R57 500.00 PP/5 Machinery returned to main site R15 750.00 Technician's certificate issued for work completed Sales value of work completed Cash received from Maluni Logistics R2 375 000.00 R1 740 000.00 3. In each period (March 20x2) production the cost was as follows: Total Cost Direct Material Direct labor R13 572.00 R17 632.00 Manufacturing overheads R21 750.00 R52 954.00 4 640 units were introduced into production. The period ended with 4 060 units being fully completed and 580 units being partly complete. No losses were expected, and no losses occurred. Fully completed units are immediately transferred to the next process. The degree of completion of the work-in-process was as follows: Direct material Direct Labor 82% 65% INC 2601/S Manufacturing overheads 60%