Problem 1. Huff Company has provided the following information: aterials inventory, 1/1/2017 faterials inventory, 12/31/2017 $83,000 64,000 93,000 101,000 124,00 137,000 435,000 196,00 220,000 Work in process inventory, /1/2017 Work in process inventory, 12/31/2017 Finished goods inventory, 1/1/2017 Finished goods inventory, 12/31/2017 Purchases Direct labor Manufacturing overhead costs a. What is the cost of the direct materials used in production during 2017? b. What is the Cost of Goods Manufactured during 2017? What is the Cost of Goods Sold for during 2017? c