Current Attempt in Progress Bonita Industries's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 $260000 $210000 Raw materials inventory Work in process inventory Finished goods inventory 300000 160000 190000 150000 During 2020, $750000 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 Bonita Industries is $700000 $1010000 $960000. $610000