Benson Inc.'s accounting records reflect the following inventories: 
During 2017, Benson purchased $1,450,000 of raw materials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160,000.
How much raw materials were transferred to production during 2017 for Benson?
A) $1,386,000
B) $1,466,000
C) $1,450,000
D) $1,434,000
Correct Answer:
Verified
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