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Swifty Corporation's accounting records reflect the following inventories: Dec. 31, 2017 Dec. 31, 2016 Raw materials inventory $410000 $360000 Work in process inventory 300000 160000
Swifty Corporation's accounting records reflect the following inventories:
Dec. 31, 2017 | Dec. 31, 2016 | |
Raw materials inventory | $410000 | $360000 |
Work in process inventory | 300000 | 160000 |
Finished goods inventory | 190000 | 150000 |
During 2017, $900000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. The total raw materials available for use during 2017 for Swifty Corporation is
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