The following cost data relate to the manufacturing activities of Black Company during the just completed year:

Manufacturing overhead costs:
Property taxes, factory	$	2,900
Utilities, factory		4,900
Indirect labor		9,800
Depreciation, factory		23,900
Insurance, factory		5,900
Total actual manufacturing overhead costs	$	47,400
Other costs incurred:
Purchases of raw materials	$	32,700
Direct labor cost	$	39,000
Inventories:
Raw materials, beginning	$	8,900
Raw materials, ending	$	6,300
Work in process, beginning	$	5,200
Work in process, ending	$	6,500

The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $5 per machine-hour; a total of 11,700 machine-hours was recorded for the year. All raw materials ultimately become direct materials