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Selected data concerning the past years operations of the Lone Star Leather Company are as follows: Inventories Beginning Ending Raw material $142,000 $ 162,000 Work

Selected data concerning the past years operations of the Lone Star Leather Company are as follows:

Inventories
Beginning Ending
Raw material $142,000 $ 162,000
Work in Process 160,000 60,000
Finished Goods 180,000 220,000

Other data:

Direct material used $ 652,000

Total manufacturing costs charged to production during the year (includes direct material, direct labor, and manufacturing overhead applied at a rate of 60% of direct-labor cost) 1,372,000

Cost of goods available for sale 1,652,000

Selling and administrative expenses 63,000

1.

What was the cost of raw materials purchased during the year?

Am I just overthinking this question? Every possible response I come up is wrong. There are 3 more questions with this data which I think I can answer if I can just get this first one.

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