Exercise 14-16 Cost flows in manufacturing LO C5 12 The following chart shows how costs flow through a business as a product is manufactured. Some boxes in the flowchart show cost amounts Compute the cast amounts for the input boxes tok Materials Activity PY purchases 546.000 References Beginning materials inversary 5154 000 mailable for use in production Ending materials Inventory 5192.000 Direct materials S Production Activity Direct labore In production $384.000 Factory overhead used in production 57040 procery - processory 592.000 Freddie marad 51602.000 + Sales Activity Mc GEW Materials Activity Raw materials purchases $566,000 Beginning raw materials inventory $154,000 Raw materials available for use in production $ Ending raw materials inventory $192,000 Direct materials used in production Production Activity Direct labor used in production $384,000 Factory overhead used in production $784,000 Beginning work in process inventory Total work in process Ending work in process inventory $93,000 Finished goods manufactured Sales Activity $1,602,000 Beginning finished goods Inventory Finished goods available for sale Ending finished goods inventory $ $1,744,500 $140,800 Finished goods sold $