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Bonita Industries's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $ 370000 $ 320000 Work in process inventory

Bonita Industries's accounting records reflect the following inventories:

Dec. 31, 2020 Dec. 31, 2019
Raw materials inventory $ 370000 $ 320000
Work in process inventory 300000 160000
Finished goods inventory 190000 150000

During 2020, $ 870000 of raw materials were purchased, direct labor costs amounted to $ 670000, and manufacturing overhead incurred was $ 640000. The total raw materials available for use during 2020 for Bonita Industries is

$ 730000.

$ 1240000.

$ 1190000.

$ 820000.

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