The Managerial Mayhem Company had the following activities take place during the month of August 2015. Production materials were purchased co account for $50, 000. Raw material were used in production, $50, 000 direct (40% to Job #5, 60% to Job #6) and $14, 000 indirect. Salaries and wages costs incurred totaled $135, 000 and included: Direct labor cost $90, 000 (Job #5 - $30, 000; Job #6 - $60, 000) Indirect labor cost $30, 000 Sales salaries $15, 000 Factory utility incurred, $8, 000. Factory equipment depreciation expense, $21, 000 Manufacture overhead is applied at a predetermined rate of 80% of direct labor cost. Completed Job #5. Shipped Job #5 and billed customer $160, 000 on account. Shipping costs incurred to send product to customer, $2, 000. Dispose of over- or under-applied factory overhead