Multiple Choice Question 102 Concord Corporation's accounting records reflect the following inventories: Dec. 31, 2016 $330000 Raw materials inventory Work in process inventory Finished goods inventory Dec. 31, 2017 $380000 300000 190000 160000 150000 During 2017, $880000 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 2017 for Concord Corporation is O $740000. 0 $1210000. O $830000. 0 $1260000. Click if you would like to Show Work for this question: Open Show Work