Waterway Industries's accounting records reflect the following inventories: Dec 31, 2019 Dec 31, 2020 Raw...
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Accounting
Waterway Industries's accounting records reflect the following inventories: Dec 31, 2019 Dec 31, 2020 Raw materials inventory $ 90000 $74000 Work in process inventory 114000 126000 Finished goods inventory 100000 92000 During 2020 Waterway purchased $1650000 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 Waterway? $2060000 $2064000 $2076000 $2072000
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