Mooresville Corporation manufactures reproductions of $18$th$-$century, classical$-$style furniture. It uses a job costing system that applies factory overhead on the basis of direct labor hours. Budgeted factory overhead for the year was $$1,375,600,$ and management budgeted $90,500$ direct labor hours. Mooresville had no Materials, Work$-$in$-$Process, or Finished Goods Inventory at the beginning of August. These transactions were recorded during August:

Purchased $5,700$ square feet of oak on account at $$26$ per square foot.

Purchased $120$ gallons of glue on account at $$36$ per gallon $($indirect material$).$

Requisitioned $3,990$ square feet of oak and $38$ gallons of glue for production.

Incurred and paid payroll costs of $$202,600.$ Of this amount, $$53,000$ were indirect labor costs; direct labor personnel earned $$22$ per hour.

Paid factory utility bill, $$16,420$ in cash.

August$$s insurance cost for the manufacturing property and equipment was $$3,850.$ The premium had been paid in March.

Incurred $$8,955$ depreciation on manufacturing equipment for August.

Recorded $$2,575$ depreciation on an administrative asset.

Paid advertising expenses in cash, $$5,815.$

Incurred and paid other factory overhead costs, $$14,200.$

Incurred miscellaneous selling and administrative expenses, $$13,775.$

Applied factory overhead to production on the basis of direct labor hours.

Produced completed goods costing $$149,500$ during the month.

Sales on account in August were $$139,200.$ The Cost of Goods Sold was $$115,500.$Mooresville Corporation manufactures reproductions of $18$th$-$century, classical$-$style furniture. It uses a job costing system that applies factory overhead on the basis of direct labor hours. Budgeted factory overhead for the year was $$1,375,600,$ and management budgeted $90,500$ direct labor hours. Mooresville had no Materials, Work$-$in$-$Process, or Finished Goods Inventory at the beginning of August. These transactions were recorded during August:

Purchased $5,700$ square feet of oak on account at $$26$ per square foot.

Purchased $120$ gallons of glue on account at $$36$ per gallon $($indirect material$).$

Requisitioned $3,990$ square feet of oak and $38$ gallons of glue for production.

Incurred and paid payroll costs of $$202,600.$ Of this amount, $$53,000$ were indirect labor costs; direct labor personnel earned $$22$ per hour.

Paid factory utility bill, $$16,420$ in cash.

August$$s insurance cost for the manufacturing property and equipment was $$3,850.$ The premium had been paid in March.

Incurred $$8,955$ depreciation on manufacturing equipment for August.

Recorded $$2,575$ depreciation on an administrative asset.

Paid advertising expenses in cash, $$5,815.$

Incurred and paid other factory overhead costs, $$14,200.$

Incurred miscellaneous selling and administrative expenses, $$13,775.$

Applied factory overhead to production on the basis of direct labor hours.

Produced completed goods costing $$149,500$ during the month.

Sales on account in August were $$139,200.$ The Cost of Goods Sold was $$115,500.$