Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Beginning of Year End of Year $ 7,900 15,800 12,300 $ 11,300 10,900 7,400 Activity during current year Direct labor Raw materials purchased Factory overhead $ 127,300 95,900 44,700 Compute the cost of direct materials used for the current year. Cost of Direct Material Used is Computed as: Raw materials inventory, beginning 7,900 Add: Raw materials purchased 127,300 135,200 Less: Raw materials inventory, ending Direct materials used 11,300 S 123.900