Use the following information for questions 17 through 19 Jenkins Manufacturing Company showed the following inventory balances: Beginning Raw Materials Inventory $2,000 Work In Process Inventory $4,000 Finished Goods Inventory $4,000 Ending $4,000 $2,000 $1,000 During the period Jenkins purchased $60,000 of raw materials, incurred direct labor of $80,000 and applied $160,000 of manufacturing overhead to production. 17) Jenkins' Raw Materials Used for the period was A) $60,000 B) $58,000 C) $61,000 D) $57,000 18) Jenkins' Cost of (Finished) Goods Manufactured for the period was A) $300,000 B) $297,000 C) $301,000 D) $299,000 19) Jenkins' Cost of Goods Sold for the period was A) $290,000 B) $292,000 C) $303,000 D) $294,000