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
Correct Answer:
Verified
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