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Purchased raw materials on account, $76,500. Raw materials of $27,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $5.400

Purchased raw materials on account, $76,500. Raw materials of $27,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $5.400 was classified as indirect materials Factory labor costs incurred were $157,500 of which $130,500 pertained to factory wages payable and $27,000 pertained to employer payroll taxes payable. Time tickets indicated that $130.500 was direct labor and $27,000 was indirect labor. Overhead costs incurred on account were $178.200. Manufacturin

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