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Statement [LO3-3] Superior Company provided the following data for the year ended December...

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Accounting

Statement [LO3-3]
Superior Company provided the following data for the year ended December 31(all raw materials are used in production as direct materials):
Selling expenses
Purchases of raw materials
Direct labor
Administrative expenses
Manufacturing overhead applied to work in process
Actual manufacturing overhead cost
$214,000
$270,000?
$151,000
$376,000
$357,000
Beginning and ending inventory balances were as follows:
\table[[,Beginning,Ending],[Raw materials,$59,000,$31,000
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