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Benson Inc.'s accounting records reflect the following inventories: Dec 31 2012 Raw materials inventory $ 80.000 Work in process inventory 104,000 Finished goods inventory 100,000

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Benson Inc.'s accounting records reflect the following inventories: Dec 31 2012 Raw materials inventory $ 80.000 Work in process inventory 104,000 Finished goods inventory 100,000 Dec.31. 2020 $ 64,000 116.000 92.000 During 2020. Benson purchased $1.450,000 of raw materials, incurred direct labor costs of $250,000, and ince manufacturing overhead totaling $160,000. How much raw materials were transferred to production during 2020 for Benson? $1.450,000 $1,434,000 $1,466,000 $1.386,000

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