The following accounts are from last year's books of Sharp Manufacturing:

Raw Materials
Bal	0	(b)	155,400
(a)	167,500
	12,100

Work In Process
Bal	0	(f)	515,600
(b)	132,700
(c)	169,400
(e)	213,500
	0

Finished Goods
Bal	0	(g)	467,000
(f)	515,600
	48,600

Manufacturing Overhead
(b)	22,700	(e)	213,500
(c)	26,700
(d)	157,400
			6,700

Cost of Goods Sold
(g)	467,000

Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?

Multiple Choice

• $169,400

• $132,700

• $167,500

• $155,400