The following is production information for Camino Tractors Co. - February 28 inventory of raw materials is $88,000. - Raw materials purchases in March are \$510,000 - Factory payroll cost in March is $378,000 - Overhead costs incurred in March are: - Indirect materials, $55,000 - Indirect labor, $22,000 - Factory rent, $36,000 - Factory utilities, $19,000 - Factory equipment depreciation, $55,000 - The predetermined overhead rate is 56% of direct labor cost. - Job 200-006 is sold for $700,000 cash in March