Based on the following information, answer the questions below. Selling & Administrative Salaries$110,000Insurance, Factory$8,000Utilities, Factory$45,000Purchases of Raw Materials$290,000Indirect Labor$60,000Advertising Expense$80,000Cleaning Supplies, Factory$7,000Sales Commissions$50,000Rent, Factory Building$120,000Maintenance, Factory$30,000Total Manufacturing Costs$683,000Goods Available for Sale$740,000Cost of Goods Sold$660,000BEGINNINGENDINGRaw Materials Inventory$40,000$10,000Work in Progress Inventoryp$35,000Finished Goods Inventory$50,000pUnits produced this year = 40,000 unitsUnits expected to be produced next year = 50,000 unitsThis quiz was locked Aug 11 at 8am.