Anglin Company, a manufacturing firm, has supplied the following
information from its accounting records for the last calendar
year:
Direct labor cost
$494,140
Purchases of direct materials
378,090
Freight-in on materials
7,360
Factory supplies used
18,320
Factory utilities
54,930
Commissions paid
78,322
Factory supervision and indirect labor
162,420
Advertising
146,890
Materials handling
15,960
Work-in-process inventory, January 1
204,880
Work-in-process inventory, December 31
118,460
Direct materials inventory, January 1
39,100
Direct materials inventory, December 31
35,400
Finished goods inventory, January 1...