The following data were taken from the records of Moxie Company for the year ended December 31, 2014.

Raw Materials Inventory 1/1/14 $ 47,000

Raw Materials Inventory 12/31/14 44,200

Finished Goods Inventory 1/1/14 85,000

Finished Goods Inventory 12/31/14 57,800

Work in Process Inventory 1/1/14 9,500

Work in Process Inventory 12/31/14 8,000

Direct Labor 145,100

Indirect Labor 18,100

Accounts Receivable 27,000

Factory Insurance $ 7,400

Factory Machinery

Depreciation 7,700

Factory Utilities 12,900

Goods Of?ce Utilities Expense 8,600

Sales Revenue 465,000

Sales Discounts 2,500

Plant Manager