Waterway 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 1200000 1060000 780000 Waterway Industries's cost of goods manufactured for the year is $2860000 O $3040000 $2680000. $3220000 Current Attempt in Progress Pharoah Company incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $128,900 63,400 8,280 114,800 32.100 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $55,800 23.100 24,800 43,600 60,400 Work in process inventory was $14,200 at Januay 1 and $16,900 at December 31. Finished goods inventory was $63,300 at January 1 and $48,200 at December 31. Waterway 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 1200000 1060000 780000 Waterway Industries's cost of goods manufactured for the year is $2860000 O $3040000 $2680000. $3220000 Current Attempt in Progress Pharoah Company incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $128,900 63,400 8,280 114,800 32.100 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $55,800 23.100 24,800 43,600 60,400 Work in process inventory was $14,200 at Januay 1 and $16,900 at December 31. Finished goods inventory was $63,300 at January 1 and $48,200 at December 31