Perez Company shows the following costs for three jobs worked on in September. Job 114 Job 115 Job 116 Balances on August 31 Direct materials used (in August) $ 14,000 $ 18,000 Direct labor used (in August) 18,000 Overhead applied (August) 9,000 16,000 8,000 Costs during September Direct materials used Direct labor used Overhead applied 100,000 30,000 ? 170,000 68,000 $ 80,000 120,000 ? Status on September 30 Finished (sold) Finished (unsold) In process Additional information a. Raw Materials Inventory has an August 31 balance of $150,000. b. Raw materials purchases in September are $400,000, and total factory payroll cost in September is $232,000. c. Actual overhead costs incurred in September are indirect materials, $30,000; indirect labor, $14,000; factory rent, $20,000; factory utilities, $12,000; and factory equipment depreciation, $30,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 114 is sold for $380,000 cash in September.