14 Assignment (20 points) 7 143 points Book P H 10 10 References Se Use the following information to compute the cost of direct materials used for the current year Assume the raw materials inventory account is used only for direct materials. (Assume no indirect materials) Inventories Rau materials Inventory work in process inventory Finished goods Inventory Activity during current year Materials purchased Direct labor Factory overhead January 1 December $11,700 13,400 9,400 11,500 6,600 $124,500 100,400 39,000 Cost of Direct Material Used is Computed as