Q4. The following information pertains to the most recent quarter at precious production limited-

Purchases of raw materials	360 000
raw material inventory beginning	40,000
raw material inventory ending	68,000
depreciation factory	168000
insurance factory	20,000
direct labour	240,000
maintenance, factory	120,000
administrative expenses	280000
sales	1800000
utilities, factory	108000
supplies, factory	4000
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