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Coronado Industries's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials $310000 $250000 inventory Work in process 300000 160000

Coronado Industries's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials $310000 $250000 inventory Work in process 300000 160000 inventory Finished goods inventory 190000 150000 During 2020, $800000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. Coronado Industries's total manufacturing costs incurred in 2020 amounted to $2110000. $2050000. $1910000. $2010000.

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