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Marigold Corp.'s accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw...

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Accounting

Marigold Corp.'s accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw materials inventory $ 87000 $ 70000 Work in process inventory 105000 117000 Finished goods inventory 100000 92000 During 2020, Marigold purchased $1550000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000. How much is total manufacturing costs incurred during 2020 for Marigold?

$1960000

$1972000

$1977000

$1965000

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