The following cost and inventory data are taken from the accounting records of McRight Company f Costs incurred: Sales(4200 units) 7,00,000 Rent of building* 90000 Direct Production wages 40,000 Purchases of raw materials 118,000 Indirect labour 30,000 Maintenance, factory equipment 6,000 Advertising expense 70,000 Insurance, factory equipment 4,800 Sales staff salaries 70,000 Repair of warehouse equipment 10,000 Supplies used in factory 7,200 Depreciation, office equipment 12,000 Depreciation, factory equipment 24,000 *1/3rd of Building is used for office and rest is used for production.