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Crane Company's accounting records reflect the following inventories: Dec 31, 2019 Dec 31, 2020 $ 75000 $59000 Raw materials inventory Work in process inventory Finished

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Crane Company's accounting records reflect the following inventories: Dec 31, 2019 Dec 31, 2020 $ 75000 $59000 Raw materials inventory Work in process inventory Finished goods inventory 99000 111000 100000 92000 During 2020. Crane purchased $1450000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000. How much raw materials were transferred to production during 2020 for Crane? $1450000 $1391000 $1466000 O $1434000

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