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Crane Company's accounting records reflect the following inventories: Dec 31. Dec. 31. 2022 2021 Raw materials inventory $210000 $160000 Work in process inventory 300000 160000

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Crane Company's accounting records reflect the following inventories: Dec 31. Dec. 31. 2022 2021 Raw materials inventory $210000 $160000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2022, 5700000 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 2022 for Crane Company is $560000 O $910000 $650000 $860000

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