PAS LO 4.5 Complete the information in the cost computations shown here $ 932 $ 342 1,533 Raw Materials Beginning inventory Purchases Materials available for use Ending inventory Materials used in production 1,535 Work in Process Inventory Beginning inventory Materials used in production Direct labor Overhead applied Manufacturing costs incurred Ending inventory Cost of Goods Manufactured 321 22,441 935 Finished Goods Inventory Beginning inventory Cost of Goods Manufactured Goods Available for Sale Ending inventory Cost of Goods Sold $25,002 21,788 PA6 LO 4.5 During the year, a company purchased raw materials of $77321, and incurred direct labor costs of $125,900. Overhead is applied at the rate of 75% of the direct labor cost. These are the inventory balances Raw materials inventory Work in process inventory Finished goods inventory Beginning $ 17,433 241,439 312.842 Ending $ 16,428 234,423 342,384 Compute the cost of materials used in production, the cost of goods manufactured and the cost of goods sold