Wildhorse Manufacturing Company uses a job order cost system and keeps perpetual inventory records.

June $1$ Purchased raw materials for $$20,000$ on account.

$8$ Raw materials requisitioned by production:

Direct materials

$$8,000$

Indirect

materials

$1,000$

$15$ Paid factory utilities, $$2,100$ and repairs for factory equipment, $$8,000.$

$25$ Incurred $$88,000$ of factory labor.

$25$ Time tickets indicated the following:

$\backslash$table$[[$Direct Labor,$\backslash$table$[[$ hrs $$$$10$ per$],[$hr$)]],=,$$$70,000$