Bonita Industries reported the following year-end information: $1080000 300000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 900000 480000 980000 930000 750000 Bonita Industries's cost of goods manufactured for the year is $2660000. O $2300000. O $2480000. O $2840000. Using the following information, compute the direct materials used. $ 25000 45000 18000 Raw materials inventory, January 1 Raw materials inventory, December 31 Work in process, January 1 Work in process, December 31 Finished goods, January 1 Finished goods, December 31 Raw materials purchases Direct labor Factory utilities Indirect labor Factory depreciation Operating expenses 12000 40000 32000 1500000 760000 150000 50000 400000 420000 O $1525000. O $1500000 O $1480000. O $1570000