Dolan Company's Accounting Records Reflect the Following Inventories During 2017, $800,000 of Raw Materials Were Purchased, Direct Labor
Dolan Company's accounting records reflect the following inventories: During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. Dolan Company's total manufacturing costs incurred in 2017 amounted to
A) $2,060,000.
B) $2,020,000.
C) $1,920,000.
D) $2,110,000.
Correct Answer:
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