Help Sav Use the following information to compute the cost of direct materials used for the current year. Assume the raw materials inventory account is used only for direct materials. (Assume no indirect materials.) January 1 December 31 Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year Materials purchased Direct labor Factory overhead $ 8,000 13,400 8,800 $ 8,200 9,600 7,000 $125,000 98,800 45,000 Cost of Direct Material Used Is Computed as: 0 $ 0