Axteks Corporation has the following cost records for the year ended December 31, 2020: Indirect factory labour $5,060 Direct materials used 252,100 Work in process (1/1/2020) 31.900 Work in process (12/31/2020) 27,300 Finished goods (1/1/2020) 35,800 Finished goods (12/31/2020) 28,700 Factory utilities 40,500 Depreciation, factory equipment 34,800 Direct labour 302,100 Indirect materials 22,600 Factory manager's salary 63.300 Selling and administrative expenses 341.700 Net sales 1,236,000 Factory machinery rent 42,700