Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. (1) Required information \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|l|}{ Direct materials } \\ \hline Raw materials inventory, beginning & 2 & 6,900 & \\ \hline Raw materials purchases & (2) & 125,300 & \\ \hline Raw materiais available for use & & 132,200 & \\ \hline Less: Raw materials inventory, ending & 2 & (9,300) & \\ \hline Direct materials used & 0 & & $122,900 \\ \hline Direct labor & 8 & & 94,900 \\ \hline Factory overhead & & an & \\ \hline Indirect labor & 8 & 20,900 & \\ \hline Depreciation expense-Factory & (2) & 15,900 & \\ \hline Factory utilities & 8 & 4,900 & \\ \hline Raw materials purchases & & & \\ \hline Total factory overhead & & & - 41,700 \\ \hline Total manufacturing costs & & & 259,500 \\ \hline \multirow[t]{2}{*}{ Add: Work in process inventory, beginning } & (2) & & 13,800 \\ \hline & & & 273,300 \\ \hline Less: Work in process inventory, ending & & & (9,900) \\ \hline Cost of goods manufactured & & & $263,400 \\ \hline \end{tabular}