A cosmetics Co manufactures a single product and has the following transactions for material during a particular period: Raw materials of $500,000 were purchased on credit from a supplier Raw materials costing $10,000 were returned to the same supplier due to defects. The total stores requisitions for direct material for the period were $400,000. Total issues for indirect materials during the period were $15,000. $5,000 of unused direct material was returned to stores from production. Prepared the material control account for the period, showing clearly how each transaction is treated.