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Using the following information, compute the cost of direct materials used. Raw materials inventory, January 1 $ 25000 Raw materials inventory, December 31 55000 Work

Using the following information, compute the cost of direct materials used.

Raw materials inventory, January 1 $ 25000
Raw materials inventory, December 31 55000
Work in process, January 1 27000
Work in process, December 31 18000
Finished goods, January 1 60000
Finished goods, December 31 48000
Raw materials purchases 1700000
Direct labor 890000
Factory utilities 225000
Indirect labor 75000
Factory depreciation 500000
Operating expenses 630000

$1670000.

$1645000.

$1700000.

$1725000.

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