Use the information below to answer the following question(s). Jupiter Inc. had the following activities in the year: Direct materials balance: Beginning inventory $100,000 Purchases 308,000 Ending inventory 52,000 Direct manufacturing labour 80,000 Manufacturing overhead 60,000 Ending work in process 20,000 inventory Beginning work in process 4,000 inventory Ending finished goods 80,000 inventory Beginning finished goods Inventory 120,000 1. What is Jupiter's cost of direct materials used during the year? a. $356,000 b. $360,000 C. $308,000 d. $364,000 e. $372,000