8- What is the answer to the following ? The following chart shows how costs flow through a business as a product is manufactured.All boxes in the chart show cost amounts Compute the cost amounts in the empty boxes Materials Activity Raw materlals purchases $556,000 4 Raw materlals Raw materlals avallable for use In productlon $ T Directmaterials used in production $ Raw materlals Inventory,ending $187,000 Inventory,begnnlng $151,500 Production Activity Direct labor used in production $374,000 Factory ovorhead used in production $774,000 Work In process Inventory,beglnning Total work in process 1$ Work In process Inventoryending $ $90,500 Cost of goods manufactured $1,599,500 + Cost of goods avallable for sale Sales Activity Finlshed goods Inventory,beglnning $ Finished goods Inventoryending $140,550 $1,743,250 Cost of goods sold $