Jupiter Inc. had the following activities in the year:

Direct materials balance:

Beginning inventory

$72,000

Purchases

304,000

Ending inventory

12,000

Direct manufacturing labour

64,000

Manufacturing overhead

68,000

Ending work in process inventory

20,000

Beginning work in process inventory

4,000

Ending finished goods inventory

152,000

Beginning finished goods inventory

112,000

1.What is Jupiter's cost of direct materials used during the year?