Materials Activity Raw materials purchases $542,000 Beginning raw materials inventory $148,000 Raw materials available for use in production $ Ending raw materials inventory $180,000 Direct materials used in production $ Production Activity Direct labor used in production $360,000 Factory overhead used in production $760,000 Beginning work in process inventory Total work in process Ending work in process inventory $87,000 $ Finished goods manufactured $1,596,000 Sales Activity Beginning finished goods inventory $ Finished goods available for sale $1,741,500 Ending finished goods inventory $140,200 Finished goods sold