Benson Manufacturing Inc.'s accounting records reflect the following inventories:
During 2010, Benson purchased $860,000 of raw materials, incurred direct labor costs of $200,000, and incurred manufacturing overhead totaling $128,000.
How much is raw materials transferred to production during 2010 for Benson Manufacturing?
A) $1,192,000
B) $976,000
C) $960,000
D) $944,000
Correct Answer:
Verified
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