o Purchased raw material on account 5 $15,000 0 Raw materials of 5 19,000 were requisition to the factory. An analysis of the materials requisition slips indicated that 58,000 was classified as indirect materials. 0 Factory labor costs incurred were 510,000 of which $8,000 pertained to factorvlr wages payable 0 Time tickets indicated that 53,200 was direct labor and $600 was indirect labor' 0 Manufacturing overhead cost incurred on account were $1500. 0 Depreclatlon recorded on factory equipment, 58,000. 0 Manufacturing overhead was applied at the rate of2005 ofdirect labor cost. 0 Goods costing 58,000 were completed and transferred to nished goods. to on 234567890 $&@