The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Bal 0 (b) 155,000 (a) 166,500 11,500 Work In Process Bal 0 (f) 514,000 (b) 132,500 (c) 169,000 (e) 212,500 0 Finished Goods Bal 0 (g) 465,000 (f) 514,000 49,000 Manufacturing Overhead (b) 22,500 (e) 212,500 (c) 26,500 (d) 157,000 6,500 Cost of Goods Sold (g) 465,000 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 $166,500 $155,000 $132,500 $169,000