Barricades Corporation Provided the Following Information for the Year What Was the Amount of Direct Materials Used in Production

Multiple Choice

Barricades Corporation provided the following information for the year: $$\begin{array} { | l | r | } \hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 25,000 \\\hline \text { Ending Balance-Work-in-Process Inventory } & 56,000 \\\hline \text { Beginning Balance - Raw Materials Inventory } & 84,000 \\\hline \text { Ending Balance-Raw Materials Inventory } & 59,000 \\\hline \text { Purchases - Raw Materials } & 361,000 \\\hline \text { Direct Labor } & 468,000 \\\hline \text { Indirect Labor } & 19,000 \\\hline \text { Depreciation on Factory Plant and Equipment } & 25,000 \\\hline \text { Plant Utilities and Insurance } & 270,000 \\\hline\end{array}$$
What was the amount of direct materials used in production during the year?

A) $65,000
B) $361,000
C) $386,000
D) $829,000