the Bag and Baggage Company has the following account balances as of January 1: in material inventory $ 9,200 working in the process of completing the inventory 78, 400 finished good inventory 53,600 manufacturers overhead 0-

During January, the following problems occurred: 1. The cost of direct labor is $ 42,000 for 1,800 working hours. 2. Indirect materials valued at $ 35,750 and indirect materials valued at $ 3,500 were purchased. 3. A sales commission of $ 16,500 is received by the sales force. 4. $ 26,000 worth of live materials are used in production. 5. An advertising value of $ 6,300 was incurred. 6. The factory manager receives a salary of $ 12,000. 7. The indirect labor cost for the month is $ 3,000. 8. Monthly depreciation on factory equipment is $ 4,500.