21

22

Bonita Inc.'s accounting records reflect the following inventories: During 2022, Bonita purchased $1050000 of raw materials, incurred direct labor costs of $175000, and incurred manufacturing overhead totaling $224000. (Assume that all raw materials used were direct materials) How much would Bonita Inc. report as cost of goods manufactured for 2022? $1229000$1540000$1534000$1528000 Concord Company reported the following year-end information: How much is Concord's cost of goods manufactured for the year? $1390000$1379000$840000$1401000