Required

Supply the missing information on the following schedule of cost of goods manufactured.

Raw materials

Beginning inventory

Plus: Purchases $120,000

Raw materials available for use$148,000

Minus: Ending raw materials inventory ?

Cost of direct raw materials used$124,000

Direct labor ?

Manufacturing overhead 24,000

Total manufacturing costs 324,000

Plus: Beginning work in process inventory ?

Total work in process ?

Minus: Ending work in process inventory46,000

Cost of goods manufactured$320,000

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