Multiple Choice Question 103 Your answer is incorrect. Try agairn Waterway Industries's accounting records reflect the following inventories: Dec. 31, 2017 Dec. 31, 2016 Raw materials inventory $280000$230000 Work in process inventory 300000 Finished goods inventory190000 160000 150000 During 2017, $770000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. Waterway Industries's total manufacturing costs incurred in 2017 amounted to O $1990000 $1890000. $208000o. $2030000