1. Ace Cellular had the following information for its manufacturing operations for the year:

   BeginningEnding

   Raw materialsinventory$45,000$58,000

   Finishedgoods62,000 52,000

   During the year, raw materials used in manufacturing totaled $95,000. Raw materials purchased during the year must be:

   $150,000.

   $157,000.

   $198,000.

   $8,000.

   $108,000