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Oriole Company's accounting records reflect the following inventories: Dec. 31, 2022 Dec. 31, 2021 Raw materials inventory $330000 $270000 Work in process inventory 300000 160000

Oriole Company's accounting records reflect the following inventories:

Dec. 31, 2022 Dec. 31, 2021

Raw materials inventory

$330000 $270000

Work in process inventory

300000 160000

Finished goods inventory

190000 150000

During 2022, $820000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. (Assume that all raw materials used were direct materials.) The total raw materials available for use during 2022 for Oriole Company is

$760000.

$1090000.

$1150000.

$680000.

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