Ogleby Inc.'s accounting records reflect the following inventories: During 2020, Ogleby purchased $980,000 of raw materials, incurred direct labor costs of $175,000, and incurred manufacturing overhead totaling $224,000. How much is total manufacturing costs incurred during 2020 for Ogleby?
A) $1,385,000
B) $1,403,000
C) $1,379,000
D) $1,415,000
Correct Answer:
Verified
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