Manufacturing cost data for Banta Company are presented below Option B $ 85,500 46,000 45,500 (d) 21,500 (e) 35,231 (1) Option C $78,050 (g) 47,750 178,375 (h) 199,875 35,751 (i) Option A $ (a) 47,000 46,500 175,575 (b) 197,075 (c) 162,844 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Work in process 1/1/17 Total cost of work in process Work in Process 12/31/17 Cost of goods manufactured Instructions (a) (b) Indicate the missing amounts for each letter (a) through (i). Banta Company must choose between options A, B and C. Evaluate the three options and determine which one is in the best interest of Banta Company. Write a brief paragraph to explain your reasoning. The options differ as follows: Option A uses moderately priced materials from a supplier that usually has the quantities needed by Banta. Option B uses high quality materials that are readily available from a local supplier. Labor and manufacturing costs can be reduced slightly since fewer items fail quality tests during production. Option C uses slight significantly less expensive materials from a local supplier. These lower quality materials result in higher labor and manufacturing overhead costs