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* Your answer is incorrect. Waterway Industries's accounting records reflect the following inventories: Dec. 31, 2020 Dec 31, 2019 $280000 $230000 Raw materials inventory Work

* Your answer is incorrect. Waterway Industries's accounting records reflect the following inventories: Dec. 31, 2020 Dec 31, 2019 $280000 $230000 Raw materials inventory Work in process Inventory Finished goods Inventory 300000 160000 190000 150000 During 2020,5770000 of raw materials were purchased, direct labor costs amounted to 5670000, and manufacturing overhead incurred was $640000 Waterway Industries's total manufacturing costs incurred in 2020 amounted to $1890000 $2080000 $2030000 . $1990000

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