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Assume the Following Information Pertaining to Moonbeam Company  Costs incurred during the period are as follows: \text { Costs incurred during the period are as follows: }

question 20

Multiple Choice

Assume the following information pertaining to Moonbeam Company:  Beginning  Ending  Finished goods inventory $130,000$124,000 Work in process inventory 85,000104,000 Direct materials 117,000130,000\begin{array}{lrr} & \text { Beginning } & \text { Ending } \\\text { Finished goods inventory } & \$ 130,000 & \$ 124,000 \\\text { Work in process inventory } & 85,000 & 104,000 \\\text { Direct materials } & 117,000 & 130,000\end{array}

 Costs incurred during the period are as follows: \text { Costs incurred during the period are as follows: }
 Total manufacturing costs $896,000 Factory overhead 199,000 Direct materials used 156,000\begin{array}{lr}\text { Total manufacturing costs } & \$ 896,000 \\\text { Factory overhead } & 199,000 \\\text { Direct materials used } & 156,000\end{array} Materials purchases are calculated to be:


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