Dok Exercise 14-16 (Algo) Cost flows in manufacturing- visualization LO C3 The following chart shows how costs flow through a business as a product is manufactured. All boxes in the chart show cost amounts. Compute the cost amounts in the empty boxes. Materials Activity purchases $536,000 rences Raw materials Inventory, beginning Raw materials available for use in production $146.500 Inventory, ending $177,000 Direct materials used In production Production Activity Direct labor used In production $354,000 Work in process Inventory, beginning $85,500 Total work in Cost of goods manufactured $1594.500 Factory overhead used in production $754,000 Work in process Inventory, ending Materials Activity Raw materials purchases $536,000 Raw materials Inventory, beginning $146,500 Raw materials available for use in production-> Raw materials Inventory, ending $177,000 ces Production Activity Direct labor used In production $354,000 Work In process Inventory, beginning $85,500 Direct materials used In production Total work in process Factory overhead used in production $754,000 Work In process Inventory, ending Sales Activity Finished goods Inventory, beginning - Cost of goods manufactured $1,594,500 Cost of goods available for sale $1,740,750 Cost of goods sold Finished goods Inventory, ending, $140,050