Assume the following information pertaining to Moonbeam Company 14 Beginning $146,500 96,000 130,750 Ending $138,850 117,750 145,950 Finished goods inventory Work in process inventory 02:59:13 Direct materials Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $918,000 210,000 165,350 Materials purchases are calculated to be Multiple Choice $150150 $167,550