partial credity: Raw Materials Inventory, Jan 1 $60,000 Work in Process Inventory, Jan 1 $150,000 Finished Goods Inventory, Jan 1 $20,000 . Direct Labor $170,000 e Indirect Labor $15,000 Factory Utilities $20,000 Depreciation on Office Building $10,000 Raw Materials Inventory, Dec 31 $40,000 Work in Process Inventory, Dec 31 $100,000 Finished Goods Inventory, Dec 31 $130,000 a. Direct Materials Used b. Factory Overhead d. Cost of Goods Sold