Information from the records of Davies & Moore Corporation for December of the current year is as follows: Sales Selling and administrative expenses Direct materials used Direct labor Manufacturing overhead Direct materials Work in process Finished goods The conversion costs are: $1,353,000 231,000 290,400 330,000 520,000 Inventories Dec. 1 Dec. 31 $39,600 $46,200 82,500 92,400 75,900 62,700