concord

CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK Multiple Choice Question 104 Concord Corporation's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials Inventory $310000 $260000 Work in process Inventory 300000 160000 Finished goods Inventory 190000 150000 During 2020, $920000 of raw materials were purchased, direct labor costs amounted to $684700, and manufacturing overhead incurred was $736000. 17 Concord Corporation's cost of goods manufactured for 2020 amounted to $2150700, its cost of goods sold for the year is $2110700. $2260700. $2190700. $2010700. Click if you would like to Show Work for this question: Open Show Work