Caltreck Manufacturing Inc.'s accounting records reflect the following inventories: During 2006, Caltreck purchased $950.000 of raw materials. Incurred direct labor costs of $125.000 and incurred manufacturing overhead totalling $160.000 How much is raw materials transferred to production during 2006 for Caltreck Manufacturing? a. $1, 240,000 b. $970,000 c. $950,000 d. $930,000 How much is total manufacturing costs incurred during 2006 for Caltreck? a. $1, 240,000 b. $1, 255,000 c. $1, 235,000 d. $1, 250,000 Assume Caltreck Manufacturing's cost of goods manufactured for 2006 amounted to $1, 200,000. How much would It report as cost of goods for the year? a. $1, 210,000 b. $1, 250,000 c. $1, 325,000 d. $1, 190,000 Hooter Manufacturing Company reported the following year-end information: Beginning work in process inventory $23,000 Beginning raw materials inventory 12.000 Ending work in process inventory 25.000 Ending raw materials inventory 10.000 Raw materials purchased 340,000 Direct labor 120,000 Manufacturing overhead 50.000 How much is Hooter Manufacturing's cost of goods manufactured for the year? a. $342,000 b. $512,000 c. $510,000 d. $514,000 What amount is given by the sum of direct materials, direct labor, and manufacturing overhead incurred? a. Total cost of work in process b. Cost of goods available for sale c. Total manufacturing costs d. Cost of goods manufactured