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Exhibit 16-3 Garret Manufacturing Company's Accounting Records Reflect the Following

Question 70

Multiple Choice

Exhibit 16-3 Garret Manufacturing Company's accounting records reflect the following inventories:
Exhibit 16-3 Garret Manufacturing Company's accounting records reflect the following inventories:    -During 2012, $75,000 of raw materials were purchased, direct labor costs amounted to $90,000, and manufacturing overhead incurred was $120,000. Refer to Exhibit 16-3. Garret Manufacturing Company's total manufacturing costs incurred in 2012 amounted to: A)  $270,000 B)  $273,000 C)  $348,000 D)  $381,000
-During 2012, $75,000 of raw materials were purchased, direct labor costs amounted to $90,000, and manufacturing overhead incurred was $120,000.
Refer to Exhibit 16-3. Garret Manufacturing Company's total manufacturing costs incurred in 2012 amounted to:


A) $270,000
B) $273,000
C) $348,000
D) $381,000

Correct Answer:

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