Take me to the text Top Strings Inc. manufactures several wood and string instruments. In particular, it is well-known for its production of classic cellos. Assume that Top Strings uses a periodic inventory system and a physical count of inventory takes place at year end. The company accumulated the following costs and account balances for the year ended December 31, 2019 with respect to direct materials: Balance of materials on January 1, 2019 $211,000 Balance of materials on December 31, 2019 $118,000 Materials purchases during 2019 $786,000 In addition, the following table shows Top Strings' remaining costs for the year. a Indirect materials $67,000 Direct labor $275,000 Indirect labor $183,000 Utilities, factory $97,000 Utilities, office $18,000 Insurance, factory $14,000 Advertising $21,000 Do not enter dollar signs or commas in the input boxes. a) Calculate the cost of direct materials used in production for the year. Cost Amount $180 Supplies Used (office only) Lumber $2,600 $250 Nails Varnish $410 Paints $530 Marketing Expenses $340 Plant Supervisor's Salaries $190 Carpenters' Salaries $340 Total Cost $4,840 Do not enter dollar signs or commas in the input boxes. a) Determine the total dollar amount of product costs for the day. Daily Product Costs: $ b) Determine the direct costs for the day. Daily Direct Costs: $ c) Calculate total indirect manufacturing costs for the day. Daily Indirect Costs: $