Question 3 8 pts using PR 15-5B pp. 780-781 part 1 only with the following changes: January 1 WIP is $102000 NOT $109200, Dec 31 WIP is $85000 NOT $96200, materials purchased is $128000 NOT $123500, and miscellaneous cost-factory is $5500 NOT $4420 the cost of FOH used in production is 65740 62660 63740 64740 Inventories January 1 December 31 Materials $ 77,350 $ 95,550 Work in process 109,200 96,200 Finished goods 113,750 100,100 Advertising expense $ 68,250 Depreciation expense-office equipment 22,750 Depreciation expense-factory equipment 14,560 Direct labor 186,550 Heat, light, and power-factory 5.850 Indirect labor 23,660 Materials purchased 123 Office salaries expense 77,350 Property taxes-factory 4,095 Property taxes-headquarters building 13.650 Rent expense-factory 6,825 Sales 864,500 Sales salaries expense 136 500 3.250 Supplies factory Miscellaneous costs-factory 4.420