Ravsten Company uses a job-order costing system.

The company applies overhead cost to jobs on the basis of machine-hours. For the current year, the company estimated that it would work 30,000 machine-hours and incur $150,000 in manufacturing overhead cost. The following transactions occurred during the year:

a.	Raw materials requisitioned for use in production, $304,000 (75% direct and 25% indirect).
b.	The following costs were incurred for employee services:

Direct labor	$	175,000
Indirect labor	$	33,000
Sales commissions	$	25,000
Administrative salaries	$	40,000

c.	Heat, power, and water costs incurred in the factory, $65,000.
d.	Insurance costs, $25,000 (85% relates to factory operations, and 15% relates to selling and administrative activities).
e.	Advertising costs incurred, $65,000.
f.	Depreciation recorded for the year, $75,000 (80% relates to factory operations, and 20% relates to selling and administrative activities).
g.	The company used 55,000 machine-hours during the year.
h.	Goods that cost $495,000 to manufacture according to their job cost sheets were transferred to the finished goods warehouse.
i.	Sales for the year totaled $730,000. The total cost to manufacture these goods according to their job cost sheets was $490,000.