Question 5 5 pts May in accounting records reflect the following inventories: Dec 31, 2019 Dec.31. 2020 Raw materials inventory $ 80,000 $ 64,000 Work in process inventory 104,000 116.000 Finished poods inventory 100.000 92.000 Durin 2020, May Inc. purchased $1,450.000 of raw materials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160.000, How much is total manufacturing costs incurred during 2020 for May Inc.? 76.000 S1.72.000 St.100.000 $164.000