Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased Direct materials used Direct labor used Factory overhead Work in process inventory, beginning Cost of goods manufactured $ 131,000 77,000 65,000 96,400 26,000 231,200 Ending Work in Process Inventory is Computed as: Work in process inventory, beginning Direct materials used Direct labor used 77,000 65,000 96,400 Factory overhead Total manufacturing costs Total cost of work in process Less: Cost of goods manufactured Work in process inventory, ending 238,400 238,400 (231,200) 7,200 $