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Using the Following Information Compute the Cost of Direct Materials

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Using the following information compute the cost of direct materials used.  Raw materials inventory, January 1 $30,000 Raw materials inventory, December 31 60,000 Work in process, January 1 27,000 Work in process, December 31 18,000 Finished goods, January 1 60,000 Finished goods, December 31 48,000 Raw materials purchases 1,800,000 Direct labor 890,000 Factory utilities 225,000 Indirect labor 75,000 Factory depreciation 500,000 Operating expenses 630,000\begin{array}{lr}\text { Raw materials inventory, January 1 } &\$ 30,000 \\\text { Raw materials inventory, December 31 } & 60,000 \\\text { Work in process, January 1 } & 27,000 \\\text { Work in process, December 31 } & 18,000 \\\text { Finished goods, January 1 } & 60,000 \\\text { Finished goods, December 31 } & 48,000 \\\text { Raw materials purchases } & 1,800,000 \\\text { Direct labor } & 890,000 \\\text { Factory utilities } & 225,000 \\\text { Indirect labor } & 75,000 \\\text { Factory depreciation } & 500,000 \\\text { Operating expenses } & 630,000\end{array}

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Definitions:

Body Temperature

Body temperature is a measure of the body's ability to generate and get rid of heat, important for maintaining metabolic processes.

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An abnormality in the DNA sequence that can lead to diseases or developmental disorders.

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Complex macromolecules found in animal tissues containing a core protein with covalently attached glycosaminoglycan (GAG) chains, playing key roles in cellular processes like proliferation and matrix assembly.

Intervertebral Discs

Fibrocartilaginous cushions serving as the spine's shock absorbers, situated between adjacent vertebrae.

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