Required information. [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,900 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 50,100 25,500 75,600 10,520 $ 86,120 c. Time tickets show the following labor used for the month. Job 201 Job 202 $ 41,100 14,500 Total direct labor 55,600 26,100 $ 81,700 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials