Question 31 The following data was taken from the accounting records for Genoa Pure Olive Oil for last year: Work in Process 750 Finished Goods Inventory 3001 Raw Materials Inventory 500 250 300 b. bal b. bal (b) b. bal (b) 900 500 8501 450 Manufacturing Overhead 300 850 600 Factory Wages Pavable 800 Cost of Goods Sold What was the cost of raw materials used? $450 $500 $300 $250