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Bramble Corp's accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw materials $80000 $64000 inventory Work in process 104000 116000 Inventory
Bramble Corp's accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw materials $80000 $64000 inventory Work in process 104000 116000 Inventory Finished goods inventory 100000 92000 During 2020, Bramble purchased $1580000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000, Assume Bramble's cost of goods manufactured for 2020 amounted to $1994000. How much would it report as cost of goods sold for the year? O $2002000 O $1986000 Q$1902000 O $2094000
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