Drew corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. since each team’s uniform is unique in color and design, drew uses a job order costing system. on january 1, the t-accounts for some of drew’s primary balance sheet accounts were as follows: raw materials inventory work in process inventorybeg. 15,000 beg. 31,000 accounts receivable accounts payablebeg. 56,000 beg. 42,000finished goods cashbeg. 22,000 beg. 32,000 during the year, the following events occurred: 1. drew purchased raw materials costing $86,000 on account.2. drew used $93,000 of raw materials in production. of these, 70% were classified as direct materials and 30% as indirect materials. (drew maintains a single raw materials inventory account.)3. drew used 31,200 hours of direct labor. the company’s average direct labor rate was $7.50 per hour (credit wages payable).