Transactions a. Raw materials of $78,000 were issued from the storeroom. b. Charged $64,000 of direct labor to production. c. Supplies costing $7,000 were issued from the storeroom. d. Incurred indirect labor costs of $20,000. e. The following expenses were charged to overhead: rent, $2,600; supervision, $8,600; depreciation, $3,400; electricity, $6,300. f. Overhead was applied at 80% of direct labor dollars. g. Transferred completed products costing $170,000 to finished goods. h. Products costing $197,000 were sold on account for $230,000.