23 Not yet answered Marked out of 1 Flag question KRAFT Inc. accounting records reflect the following inventories: Dec. 31, 2018 Dec. 31, 2017 Raw materials inventory $410,000 $350,000 Work in process inventory 500,000 260,000 Finished goods inventory 200,000 100,000 During 2018, company used $670,000 of raw materials, direct labor costs amounted to $430,000, and manufacturing overhead incurred was $390,000. Raw materials that are purchased during 2018 for KRAFT Inc. are: O $730,000. $610,000. $640,000. O $560,000