Wildhorse Corporation has the following cost records for the year ended December 31, 2022: Indirect factory labour $5,360 Direct materials used 250,300 Work in process (1/1/2022) 31,800 Work in process (12/31/2022) 26,800 Finished goods (1/1/2022) 35,800 Finished goods (12/31/2022) 29,300 Factory utilities 41,300 Depreciation, factory equipment 34,400 Direct labour 301,700 Indirect materials 22,700 Factory manager's salary 63,200 Selling and administrative expenses 341,000 Net sales 1,236,000 Factory machinery rent 42,200