The Richards Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the Richards Company follows: $ 30,000 32,000 110,000 60,000 Beginning raw materials inventory Ending raw materials inventory Raw material purchases Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead Beginning finished goods inventory Ending finished goods inventory 45,000 150,000 80,000 75,000 65,000 The company's cost of raw materials used, cost of goods manufactured and cost of goods sold is: Multiple Choice O D. $108,000 $353,000 $363,000 0 Cost of Materials Used $110,000 Cost of Goods Manufactured $353,000 Cost of Goods Sold $343,000 0 B. $112,000 $353,000 $363,000 0 $112,000 $323,000 $353,000 0 $108,000 $323,000 $343,000