Direct materials Work in process Finished goods Other information Direct materials purchases Cost of goods available for sale Actual factory overhead costs. The cost of direct materials used for production is: January 1 $ 81,000 December 31 $ 44,000 70,000 119,000 46,000 104,000 $ 328,000 954,000 264,000 $356,200. $301,000. $365,000. $314,000. $328,000.