Question: Carly Manufacturing Company's accounting records reflect the following inventories: Dec. 31.2008 Dec.31.2007 Raw materials inventory Work in process inventory Finished goods inventory 00 During

Carly Manufacturing Company's accounting records reflect the following inventories: Dec. 31.2008 Dec.31.2007

Carly Manufacturing Company's accounting records reflect the following inventories: Dec. 31.2008 Dec.31.2007 Raw materials inventory Work in process inventory Finished goods inventory 00 During 2008, $500,000 of raw materials were purchased, direct labor costs amounted to $600,000, and manufacturing overhead incurred was $480,000. The total raw materials available for use during 2008 for Carly Manufacturing Company is: $810,000. $260,000. $310,000 300,000 190,000 $450,000. $760,000 $260,000 160,000 150,000

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