Ogleby Inc During 2013, Ogleby Purchased $840,000 of Raw Materials, Incurred Direct

Ogleby Inc.'s accounting records reflect the following inventories: $\begin{array}{lrr}&\text { Dec. 31, } 2012&\text { Dec. 31, } 2013\\\text { Raw materials inventory } & \$ 120,000 & \$ 96,000 \\\text { Work in process inventory } & 156,000 & 174,000 \\\text { Finished qoods inventory } & 150,000 & 138,000\end{array}$ During 2013, Ogleby purchased $840,000 of raw materials, incurred direct labor costs of $150,000, and incurred manufacturing overhead totaling $192,000.
- How much would Ogleby Manufacturing report as cost of goods manufactured for 2013?

A) $1,164,000
B) $1,224,000
C) $1,218,000
D) $1,188,000