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Crane Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $210000 $160000 Work in process inventory 300000 160000

Crane Company's accounting records reflect the following inventories:

Dec. 31, 2020 Dec. 31, 2019
Raw materials inventory $210000 $160000
Work in process inventory 300000 160000
Finished goods inventory 190000 150000

During 2020, $700000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. The total raw materials available for use during 2020 for Crane Company is

$910000.

$650000.

$860000.

$560000.

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