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QCC Inc.'s accounting records reflect the following inventories: Dec 31, 2012 Dec 31, 2020 Raw materials inventory $ 40,000 $32,000 Work in process inventory 52,000

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QCC Inc.'s accounting records reflect the following inventories: Dec 31, 2012 Dec 31, 2020 Raw materials inventory $ 40,000 $32,000 Work in process inventory 52,000 58.000 Finished goods inventory 50,000 46,000 During 2020, QCC purchased $725,000 of raw materials, incurred direct labor costs of $125,000, and incurred manufacturing overhead totaling $80,000, How much raw materials were transferred to production during 2020 for QCC? $733.000 O $725.000 $717,000 O $693.000

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