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Waterway Industries's accounting records retlect the tollowing inventories: During 2020, Waterway purchased $980000 of raw materials, incurred direct labor costs of $175000, and incurred manufacturing overhead totaling $224000. How much is total manufacturing costs incurred during 2020 for Waterway? $1416000 $1379000 $1385000 $1404000 Sheffield Corp's accounting records reflect the following inventories: During 2020, $920000 of raw materials were purchased, direct labor costs amounted to $868400, and manufacturing overhead incurred was $480000 If Sheffield Corp.'s cost of goods manufactured for 2020 amounted to $2078400, its cost of goods sold for the year is $1938400 $2188400. $2118400. $2038400