CE 1-1 (b) (h) Manufacturing cost data for Banta Company are presented below. Option A Option B Optionc Direct materials used $ (a) $ 85,500 $ 78,050 Direct labor 47.000 46,000 (9) Manufacturing overhead 46,500 45,500 47,750 Total manufacturing costs 175,575 (d) 178,375 Work in process 1/1/20 21,500 Total cost of work in process 197,075 (e) 199,875 Work in Process 12/31/20 (c) 35,231 35,751 Cost of goods manufactured 162,844 (0) 0 Instructions (a) Indicate the missing amounts for each letter (a) through (1) (b) Banta Company must choose between options A, B and C. Evaluate the three options and determine which one is in the best interest of Banta Company. Write a brief paragraph to explain your reasoning. The options differ as follows: Option A uses moderately priced materials from a supplier that usually has the quantities needed by Banta. Option B uses high quality materials that are readily available from a local supplier. Labor and manufacturing costs can be reduced slightly since fewer items fail quality tests during production. Option C uses significantly less expensive materials from a local supplier. These lower quality materials result in higher labor and manufacturing overhead costs