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The following chart shows how costs flow through a business as a product is manufactured. Some boxes in the flowchart show cost amounts. Compute the

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The following chart shows how costs flow through a business as a product is manufactured. Some boxes in the flowchart show cost amounts. Compute the cost amounts for the input boxes. Materials Activity Raw materials purchases $542,000 Beginning raw materials inventory $148,000 Raw materials available for use in production - Ending raw materials Inventory $180,000 Direct materials used in production Production Activity Direct labor used in production $360,000 Factory overhead used in production $760,000 Deginning work in process inventory Total work in process Ending work in process inventory $87,000 Finished goods manufactured $1,596,000 Sales Activity Beginning finished goods inventory Finished goods available for sale $1791.500 Finished goods sold Ending finished goods inventory $140,200 $

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