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

Raw Materials
Debit		Credit
Balance	0	(b)	154,400
(a)	165,000
	10,600

Work In Process
Debit		Credit
Balance	0	(f)	511,600
(b)	132,200
(c)	168,400
(e)	211,000
	0

Finished Goods
Debit		Credit
Balance	0	(g)	462,000
(f)	511,600
	49,600

Manufacturing Overhead
Debit		Credit
(b)	22,200	(e)	211,000
(c)	26,200
(d)	156,400
			6,200

Cost of Goods Sold
Debit		Credit
(g)	462,000

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

• $165,000

• $154,400

• $168,400

• $132,200