Purchases $92,000 Materials inventory, March 1 6,000 Materials inventory, March 31 8,000 Direct labor 25,000 Factory overhead 37,000 Work in process, March 1 22,000 Work in process, March 31 18,500 Finished goods inventory, March 1 21,000 Finished goods inventory, March 31 25,000 Sales 257,000 Sales and administrative expenses 79,000