please show explanation for each one

Chapter 14- Kimmel Accounting 7e Challenge Exercises CE 14-1 Manufacturing cost data for Banta Company are presented below. Option A Option B Option C $ (a) $ 78,050 Direct materials used Direct labor Manufacturing overhead $ 85,500 46,000 47,000 46,500 45,500 (g) 47,750 178,375 175,575 (d) Total manufacturing costs Work in process 1/1/20 (b) 21,500 (h) Total cost of work in process 197,075 (e) 199,875 Work in Process 12/31/20 (c) 35,231 35,751 Cost of goods manufactured 162,844 (1) () Instructions (a) Indicate the missing amounts for each letter (a) through (1). (b) 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