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#1 Marigold Corp's accounting records reflect the following inventories: Dec. 31, 2020 Dec 31, 2019 Raw materials inventory $320000 $260000 Work in process inventory 300000
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Marigold Corp's accounting records reflect the following inventories: Dec. 31, 2020 Dec 31, 2019 Raw materials inventory $320000 $260000 Work in process inventory 300000 160000 Finished goods Inventory 190000 150000 During 2020, $830000 of raw materials were purchased, direct labe costs amounted to $670000, and manufacturing overhead incurred was $640000 The total raw materials available for use during 2020 for Marigold Corp.is $770000 O $1090000 O $690000 O $1150000 Step by Step Solution
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