Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning $ 54,000 ? $ 36,000 Ending $ 32,000 $ 30,000 ? $ 212,000 $ 269,000 ? $ 160,000 $ 369,000 $ 351,000

Inventory balances at the beginning and end of the year were as follows: Inventory balances at the beginning and end of the year were as follows