1.RM purchased on account, $150,000. 2. RM issued to production, $145,000 (all DM) 3. Advertising cost incurred for the year, $50,000 4. Utilities cost incurred for the factory, $35,000 5. Salaries and wages incurred: DL $250,000; indirect labor, $75,000; selling and administrative, $140,000. 6. Depreciation recorded for the year, $20,000 which 75% related to the factory and 25% related to selling and administrative administrative functions. 7. Other OH costs incurred, $30,000 (credit AP). 8. The company applies OH cost to production on the basis of DL hours (30,000 DLH for 2020) at $5.50 per hour. 9. Goods completed for the year totaled $550,000. 10. Goods which had a