Question 6: Points 20 During the current accounting period, a manufacturing company purchased $70,000 of raw materials, of which $50,000 of direct materials and $5,000 of indirect materials were used in production. The company also incurred $45,000 of total labor costs and $20,000 of other factory overhead costs. An analysis of the WIP control accounts revealed $40,000 of direct labor costs. Based upon the above information, what is the total amount accumulated in the factory overhead account