1. During 2014, 900,000 of raw materials were used, direct labor costs amounted to 1,000,000, and manufacturing overhead incurred was 960,000. The Company's total manufacturing costs incurred in 2014 amounted to: a. 2,860,000. b. 2,680,000. c. 2,480,000 d. 2,760,000. 2. MAAN Company has beginning and ending raw materials inventories of 130,000 and 170,000, respectively. If direct materials used were 530,000, what was the cost of raw materials purchased? a. 530,000. b. 660,000. c. 570,000. d. 700,000 3. SAUDI Manufacturing Inc.'s accounting records reflect the following inventories: Dec. 31, 2013 Dec. 31, 2014 Raw materials inventory $110,000 $ 90,000 Work in process inventory 156,000 174,000 Finished goods inventory 138,000 150,000 During 2014, SAUDI purchased 1,440,000 of raw materials, incurred direct labor costs of 300,000, and incurred manufacturing overhead totaling 84,000. How much would it report as cost of goods sold for the year? a 1,752,000 b. 1,878,000 c. 1,856,000 d. 1,814,000 4. Duggan Company reported total manufacturing costs of 305,000, manufacturing overhead totaling 58,000, and direct materials totaling 62,000. How much is direct labor cost? a. Cannot be determined b. 425,000 c. 185,000 d. 120,000