Given Data:
The following information pertains to the most recent quarter at Precious Production Limited.
PRECIOUS PRODUCTION LIMITED
Purchases of raw materials	$ 360,000
Raw materials inventory, beginning	40,000
Raw materials inventory, ending	68,000
Depreciation, factory	168,000
Insurance, factory	20,000
Direct labour	240,000
Maintenance, factory	120,000
Administrative expenses	280,000
Sales	1,800,000
Utilities, factory	108,000
Supplies, factory	4,000
Selling expenses	320,000
Indirect labour	260,000
Work in process inventory, beginning	28,000
Work in process inventory, ending	120,000
Finished goods inventory, beginning	40,000
Finished goods inventory, ending	160,000
For Part 3
Units produced	10,000
For Part 4
Units produced	12,000
For Part 6
Units produced	20,000
Finished goods inventory (units)	4,000