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Ogleby Inc.'s accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory 12/31/19 $195.000 253,500 243.750 12/31/20 $156,000 282,750

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Ogleby Inc.'s accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory 12/31/19 $195.000 253,500 243.750 12/31/20 $156,000 282,750 224,250 During 2020, Ogleby purchased $1,592,500 of raw materials, incurred direct labor costs of $284,375, and incurred manufacturing overhead totaling $364,000. How much would Ogleby Manufacturing report as cost of goods manufactured for 2020? $2,250,625 $2,270,125 $1.997.125 $2.299.375 MacBook Pro

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