Using the following information, compute the direct materials used. $ 25000 45000 Raw materials inventory, January 1 Raw materials inventory, December 31 Work in process, January 1 Work in process, December 31 Finished goods, January 1 Finished goods, December 31 Raw materials purchases Direct labor Factory utilities Indirect labor Factory depreciation Operating expenses 18000 12000 40000 32000 1500000 760000 150000 50000 400000 420000 O $1525000. O $1480000. O $1500000. O $1570000