Direct materials used Raw materials, ending $0 $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 Indirect labor Property Repairs-Factory taxes-Factory equipment Depreciation expense-Factory Work in Process & Finished Goods Inventories $50,000 Work in Process $40,000 Factory $43,000 utilities $30,000 $20,000 $10,000 $0 Beginning $33,000 Finished Goods $54,000 $50,000 Ending Beginning Ending Additional Data Accounts receivable, net $150,000 Cash $350,000 Direct labor $180,000