Really need help with this! Swifty Corporation's accounting records reflect the...
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Accounting
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Swifty Corporation's accounting records reflect the following inventories: Dec 31, 2019 Dec. 31, 2020 Raw materials $ 82000 inventory $ 65000 Work in process inventory 104000 116000 Finished goods inventory 100000 92000 During 2020, Swifty purchased $1450000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000. How much raw materials were transferred to production during 2020 for Swifty? $1467000 $1385000 $1450000 $1433000
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