Inventories Beginning of period End of Period Raw materials $ $50,000$ $ $31,000$ Work in process $9,70018,900$ Finished goods $61,00033,800$ Cost incurred for the period Raw materials purchases $ $179,000$ Factory payroll $100,000$ Factory overhead $($actual$)$ Indirect materials used $10,000$ Indirect labor used $23,000$ Other overhead costs $101,500$ Exercise $2-12($Algo$)$ Computing materials, labor, overhead, and cost of goods manufactured LO P$1,$ P$2,$ P$3,$ P$4$Exercise $15-12$ Computing materials, labor, overhead, and cost of goods manufactured P$1$