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Concord Corporation's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $320000 $ 260000 Work in process inventory 300000
Concord Corporation's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $320000 $ 260000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2020, $ 820000 of raw materials were purchased, direct labor costs amounted to $ 670000, and manufacturing overhead incurred was $ 640000. Concord Corporation's total manufacturing costs incurred in 2020 amounted to O $ 2070000. O $2030000. O $2130000. O $ 1930000
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