The Owly Corporation had the following beginning and ending inventories last month: Account Beginning Ending Direct Materials $12,554 $10,177 Work in Process 24,264 20,152 Finished Goods 31,469 27,182 Owly also had the following account balances at the end of the month: Account Balance Material Purchases $38,000 Sales Salaries 35,800 Factory Supervisor Salaries 39,400 Direct Labour 133,000 Indirect Labour 1,207 Executive Salaries 93,000 Advertising 52,000 Indirect Materials 549 Sales Travel 2,300 Production Equipment Depreciation 19,000 Factory Depreciation 1,070 Headquarter Office Supplies 300 Sales Commissions 8,300 Sales Revenue 601,750 Headquarter Depreciation $770 Owly's indirect labour and material costs are variable. Depreciation costs are constant regardless of production volume. Advertisement expenses follow the outsourcing contract in effect as of the last month. Owly finds the sales travel expenses and office supplies costs are proportional to their production activities. Salary expenses follow the agreements following the annual salary review in effect as of the last month. Owly compensates sales employees based on a linear incentive scheme: sales employees receive a fixed commission per additional unit sales