Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March.

Raw materials				Factory overhead incurred
Beginning inventory	$	25,000		Indirect materials used	$	79,000
Raw materials purchased (on credit)		275,000		Indirect labor used		55,000
Direct materials used		(168,000	)	Other overhead costs		147,260
Indirect materials used		(79,000	)	Total factory overhead incurred	$	281,260
Ending Inventory	$	53,000
				Factory overhead applied
Factory payroll				(140% of direct labor cost)
Direct labor used	$	200,900		Total factory overhead applied	$	281,260
Indirect labor used		55,000
Total payroll cost (paid in cash)	$	255,900

Additional information about units and costs of production activities follows.

Units			Costs
Beginning goods in process inventory	2,400		Beginning goods in process inventory
Started	28,000		Direct materials	$	3,500
Ending goods in process inventory	5,500		Direct labor		3,300
			Factory overhead		4,620
						$	11,420
Status of ending goods in process inventory			Direct materials added				168,000
Materials