S 20,625 $ 756,908 Question 11 (2 points) Administrative Expenses $ 686,200 Beginning Finished Goods $ 108,620 Beginning Raw Materials $ 427,150 Beginning WIP Depreciation on Factory Equip $ 202,035 Direct Labor Ending Finished Goods $ 93,612 Ending Raw Materials S 501 302 Ending WIP Factory Utilities Indirect Materials Used from Raw Materials $ 87,712 Insurance (70% for factory 30% for admin) S 210,855 Marketing Expenses $ 442,807 Raw Materials Purchases $ 2.422.920 Repair and Maintenance on Factory Equip $ 129.246 s 27,941 s 312,052 S 6,420,456 Sales $ 294,485 Sales Supervision Cost of Goods Sold is closest to: 1) 3,874,283 O2) 3,904,300 O 3) 1,698,808 O4 4) 941,900