Compute direct materials inventory

The controller at Elton Manufacturing Solutions asks for your help in sorting out some cost information. She is called to a meeting, but hands you the following information for August: Prime costs, August $273,000 Total manufacturing costs, August | $412,000 Cost of goods manufactured, August | $425,000 Cost of goods sold, August $390,000 Direct material inventory, August 31 | $47,500 Work-in-process inventory, August 1| $62,000 Finished goods inventory, August 31 | $155,000 Direct materials purchased, August | $179,000 Direct labor costs, August $137,000 Compute for the month of August: a. Direct materials used, August. b. Direct material inventory, August 1