West Shoe Company makes loafers. During the most recent year, West Shoe Company incurred total manufacturing costs of $$21,700,000\mathrm{.}0$ this amount, $$2,700,000$ was direct materials used and $$14,800,000$ was direct labor. Beginning balances for the year were Direct Materials, $$500,000$; Work$-$in$-$Process Inventory, $$1,400,000$; and Finished Goods Inventory, $$900,000.$ At the end of the year, balances were Direct Materials, $$600,000$; Work$-$in$-$Process Inventory, $$1,500,000$; and Finished Goods Inventory, $$690,000.$

Read the requirements.

Requirement $1.$ Analyze the inventory accounts to determine the cost of direct materials purchased during the year.

Requirement $2.$ Analyze the inventory accounts to determine the cost of goods manufactured for the year.

Work$-$in$-$Process

Beginning Work$-$in$-$Process Inventory

Direct Materials Used

Direct Labor

Manufacturing Overhead

Total Manufacturing Costs Incurred during the Year

Total Manufacturing Costs to Account For

Ending Work$-$in$-$Process Inventory

Cost of Goods Manufactured