More info a. Purchased materials on account, $500,000 b. Requisitioned direct materials and used direct labor in construction. Recorded the materials requisitioned. Direct Materials House 402 $ House 403 House 404 House 405 Direct Labor 59,000 $ 47,000 66,000 39,000 61,000 55,000 85,000 54,000 c. The company incurred total wages of $290,000. Use the data from Item b to assign the wages. Wages are not yet paid. d. Depreciation of construction equipment, $6,200 e. Other overhead costs incurred: Equipment rentals paid in cash, $40,000; Worker liability insurance expired, $3,000. f. Allocated overhead to jobs. g. Houses completed: 402, 404 h. House sold on account: 404 for $270,000 Print Done