Sandor Manufacturing Inc.'s accounting records reflect the following inventories:

	Dec. 31, 2013	Dec. 31, 2014
Raw materials inventory	$110,000	$ 90,000
Work in process inventory	156,000	174,000
Finished goods inventory	138,000	150,000

During 2014, Sandor purchased $1,440,000 of raw materials, incurred direct labor costs of $300,000, and incurred manufacturing overhead totaling $84,000. Assume Sandor Manufacturing