Exercise 14-14 (Part Level Submission) The following information is available for Aikman Company. January 1, 2017 2017 Raw materials inventory 21,000 work in process inventory 13,500 Finished goods inventory 27,000 Materials purchased $150,000 Direct labor 220,000 180,000 Manufacturing overhead 910,000 Sales revenue December 31, 2017 $30,000 17,200 21,000