Question 3 Crawford Corporation incurred the following transactions. Purchased raw materials on account $55,600. 1. Raw Materials of $36,400 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,600 was classified as indirect materials 2. 3. Factory labor costs incurred were $65,100, of which $51,800 pertained to factory wages payable and $13,300 pertained to employer payroll taxes payable. Time tickets indicated that $55,700 was direct labor and $9,400 was indirect labor. 4. Manufacturing overhead costs incurred on account were $85,500. 5. Depreciation on the company's office building was $8,700 6. Manufacturing overhead was applied at the rate of 160% of direct labor cost. 7. 8. Goods costing $94,000 were completed and transferred to finished goods. 9 Finished goods costing $80,200 to manufacture were sold on account for $113,700