Carlton Manufacturing Company provided the following details about operations in February:

Purchases of raw materials$190,000Maintenance, factory43,000Direct labour36,500Depreciation, factory equipment63,000Indirect materials, factory4,000Selling and administrative salaries48,500Utilities, factory30,000Sales commissions19,500Insurance, factory equipment5,000Depreciation, sales equipment24,000Advertising expenses117,500Rent, factory building?

The company also provided details regarding the balances in the inventory accounts at the beginning and end of the month as follows:

Beginning

of MonthEnd

of MonthRaw materials$45,000?Work in process32,000?Finished goods25,000?

Raw materials used in production cost $209,000, total overhead costs for the year were $232,400, the goods available for sale totalled $440,000, and the cost of goods sold totalled $377,500.