$391,000. $374,000. $377,000 $388,000 $380,000. Maple Mount Fishery is a canning company in Astoria. The company uses a normal costing system in which factory overhead is applied on the basis of direct labor costs. Budgeted factory overhead for the year was $680,400, and management budgeted $324,000 of direct labor costs. During the year, the company incurred the following actual costs. Direct materials used Direct labor Factory overhead $ 384,000 306,000 658,000 The January 1 balances of inventory accounts are shown below. Materials-all direct Work-in-process Finished goods $ 70,000 41,000 26,000 The December 31 balances of these inventory accounts were ten percent lower than the balances at the beginning of the year. The amount of direct materials purchased during the year is