Question 9 ABC Company had the following inventory balances for Year 2: Beginning Balance Ending Balance Raw Materials $250 $90 Work In Process $490 $290 Finished Goods $480 $920 During Year 2, ABC Company had the following transactions related to inventory: Purchased $390 of raw materials Incurred direct labor costs of $140 Allocated manufacturing overhead costs of $50 Sold inventory to customers for $710 that cost $500 to make What is ABC Company's Cost of Goods Manufactured for Year 2? . . . + $1,230 $940 $500 $740