The following data refer to Twisto Pretzel Company for the year 20x1. Work-in-process inventory, 12/31/x0 Selling and administrative salaries Insurance on factory and equipment Work-in-process inventory, 12/31/x1 Finished-goods inventory, 12/31/0 Cash balance, 12/31/x1 Indirect material used Depreciation on factory equipment Raw-material inventory, 12/31/x0 Property taxes on factory Finished-goods inventory, 12/31/x1 $ 8,000 13,600 3,600 8,300 14,000 6,000 4,900 2,100 10,100 2,400 15,300 Purchases of raw material in 20x1 38,800 Utilities for factory 6,000 Utilities for sales and administrative offices 2,400 Other selling and administrative expenses 3,800 Indirect-labor cost incurred 29,000 Depreciation on factory building 3,600 Depreciation on cars used by sales personnel 1,200 Direct-labor cost incurred 79,000 Raw-material inventory, 12/31/x1 11,000 Accounts receivable, 12/31/x1 4,100 Rental for warehouse space to store raw material Rental of space for company president's office Applied manufacturing overhead Sales 3,100 1,600 58,000 ro 207