Root Shoe Company makes loafers. During the most recent year, Root incurred total manufacturing costs of $26,400,000. Of this amount, $2,100,000 was direct materials used and $19,800,000 was direct labor. Beginning balances for the year were Direct materials inventory, $600,000; Work in process inventory, $800,000; and Finished goods inventory, $700,000. At the end of the year, inventory Accounts showed these showed these
					Materials		Direct Labor		Manufacturing Overhead
	Direct materials inventory				$ 900,000		$ -		$ -
	Work in process inventory				400,000		600,000		400,000
	Finished goods inventory				800,000		150,000		40,000
Requirements
1.	Compute Root Shoe Company