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Utilities, factory Insurance on factory Salary, sales supervisor 150,000 200,000 85,000 Commissions, salespersons 216,000 Advertising 500,000 General administration 390,000 Work-in-process inventory, January 1 450,000

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Utilities, factory Insurance on factory Salary, sales supervisor 150,000 200,000 85,000 Commissions, salespersons 216,000 Advertising 500,000 General administration 390,000 Work-in-process inventory, January 1 450,000 Work-in-process inventory, December 31 750,000 Finished goods inventory, January 1 107,500 Finished goods inventory, December 31 488,750 Required:

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