QS 18-7 Inventory reporting for manufacturers LO C4 Compute ending work in process Inventory for a manufacturer with the following Information $124.800 Raw materials purchased Direct materials used Direct labor used Total factory overhead Work in process inventory, beginning of year Cost of goods manufactured 55,00 95,700 26,500 221,880 Ending Work in Process Inventory is Computed as: Total manufacturing costs Total cost of work in process Work in process inventory, end of year