Sicep Tight, Inc, manufactures comforters: The estimated inventories on January 1 for finished goods, work in process, and materials were s40,000, 532,000, and 525,000 , nespectively. The desired inventories on December 31 for finished goods, work in process, and inaterials were 544,000,$33,000,3 and $23,000, respectively. Direct materials purchases were $570,000, direct iabor was $206,000 for the year and foctory overhedd was $140,000