The following data from the just completed year are taken from the accounting records of Mason Company:

Sales

Direct labor cost

Raw material purchases

Selling expenses

Administrative expenses

Manufacturing overhead applied to work in process

Actual manufacturing overhead costs

$$524,000$

$$70,000$

$$118,000$

$$140,000$

$$63,000$

$$90,000$

$$80,000$

$$524,000$

$$70,000$

$$118,000$

$$140,000$

$$63,000$

$$90,000$

$$80,000$

$\backslash$table$[[$Inventories$,$Beginning,Ending$],[$Raw materials,$$7,000,$$$15,000$