The following costs and inventory data were taken from the accounts of Crane Company for 2022: (Assume all raw materials used were direct materials.) January 1, 2022 December 31, 2022 Inventories: Raw materials $ 8,320 7,280 Work in process 15,600 13,520 Finished goods 16,640 12,480 Costs incurred: Raw materials purchases $ 101,920 Direct labor 43,680 Factory rent 8,320 Factory utilities 10,400 Indirect materials 6,240 Indirect labor 9,360 Operating expenses 17,680 (a) Prepare a schedule showing the amount of direct materials used in production during the year. e Textbook and Media Attempts: 0 of 1 used Submit Answer Save for Later