ure! 20%, 1 of 6 pts Question Help Erickson Industries is calculating its cost of Goods Manufactured at your end. The company's accounting records show the following The Raw Materials inventory account had a beginning balance of $18,000 and an ending balance of $16,000. During the year, the company purchased $68,000 of direct materials Direct labor for the year totaled $126,000, while manufacturing overhead amounted to $147,000. The Work in Process Inventory account had a beginning balance of $29.000 and an ending balance of $18.000. Assume a Marventory contains only direct materials. Compute the cost of Good Manufactured for the year int The first step is to calculate the direct materials used during the year) Start by calling the direct materials during the year Erickson Industries Calculation of Direct Materials Used For Current Year P Les