Shapes Arrnge quik Styles Paragraph Drawing Problem The following data refers to one year Direct materials inventory, Jan 1 Direct materials inventory, Dec 31 Work-in-process inventory Jan 1 Work-in-process inventory, Dec 31 Finished Goods inventory, Jan 1 Finished Goods inventory, Dec 31 Purchases of direct materials Cost of goods manufactured during the year Total manufacturing costs Cost of goods sold Gross margin Direct labor Direct materials used a. $8,200 5,400 7,600 3.800 600 32,200 108,900 112,100 94,500 C. 29.200 27,600 Sales Revenue Notes