a) Benson Inc.'s accounting records reflect the following inventories:

Dec. 31, 2016Dec. 31, 2017

Raw materials inventory$80,000$64,000

Work in process inventory104,000116,000

Finished goods inventory100,00092,000

During 2017, Benson purchased $1,450,000 of raw materials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160,000.

How much raw materials were transferred to production during 2017 for Benson?

b) Benson Inc.'s accounting records reflect the following inventories:

Dec. 31, 2016Dec. 31, 2017

Raw materials inventory$80,000$64,000

Work in process inventory104,000116,000

Finished goods inventory100,00092,000

How much is total manufacturing costs incurred during 2017 for Benson?

c) Benson Inc.'s accounting records reflect the following inventories:

Dec. 31, 2016Dec. 31, 2017

Raw materials inventory$80,000$64,000

Work in process inventory104,000116,000

Finished goods inventory100,00092,000

During 2017, Benson purchased $1,450,000 of raw materials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160,000.

Assume Benson's cost of goods manufactured for 2017 amounted to $1,660,000. How much would it report as cost of goods sold for the year?