W$.$ W$.$ Phillips Company produced $4,000$ leather recliners during $2004.$ These recliners sell for

$$400$ each. Phillips had $500$ recliners in finished$-$goods inventory at the beginning of the year.

At the end of the year, there were $700$ recliners in finished$-$goods inventory. Phillips$$s

accounting records provide the following information:

Purchases of RM $ $320,000$

RM inventory, Jan. $1,200446,800$

RM inventory, Dec. $31,200466,800$

DL $200,000$

Indirect labour $40,000$

Rent, factory bldg$.42,000$

Depreciation, factory equipment $60,000$

Utilities, factory $11,956$

Salary, sales supervisor $90,000$

Commissions, salespersons $180,000$

General administration $300,000$

Work$-$in$-$process inventory, Jan. $1,200413,040$

Work$-$in$-$process inventory, Dec. $31,200414,996$

Finished goods inventory, Jan. $1,200480,000$

Finished goods inventory, Dec. $31,2004114,100$

Notice that there are no indirect materials in this question. Therefore, all RM use is as DM $($i$.$e$.,$

no RM included in MOH$)$