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A: $1,063,000 B: $ 1,067,000 C: $ 1,071,000 D: $ 1,059,000 DS-70373 company provided the following data for the end of the year (all raw

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A: $1,063,000
B: $ 1,067,000
C: $ 1,071,000
D: $ 1,059,000
DS-70373 company provided the following data for the end of the year (all raw materials are used in production as direct materiais Selling expenses $214,000 Purchases of raw materials $263,000 Direct labor $ 20,000 Administrative expenses $156,000 Manufacturing overhead applied to work in process $360,000 Actual manufacturing overhead cost $348,000 Inventory balances at the beginning and end of the year were as follows Beginning End ot of Year Year Raw materials $ 60,000 $ 38,000 Work in process $ 25,000 $ 33,000 Finished goods $? $ 44,000 For the year, the cost of goods available for sale was $724,000 and the net operating income as reported in its income statement income was 541000 The DS-70373 company's underapplied or overapplied overhead was closed to Cost of Goods Sold How much was the DS 70373 company's sales revenue for the year

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