Enabled: ACCT2020 Exam #1: Ch.. i Saved Tools Help Save & Exit 00% McGown Corp. has the following information: Beginning Ending lapse Inventory Inventory (1/1) (12/31) 00:43:02 Raw Materials Inventory $ 20,000 $ 30,000 Work in Process Inventory $ 15, 000 $ 18,000 Finished Goods Inventory $ 30,000 $ 20,000 eBook Additional information for the year is as follows: Raw materials purchases $100,000 Direct labor $ 75,000 Manufacturing overhead applied $ 80, 000 Indirect materials $