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Caltreck Manufacturing Inc.'s accounting records reflect the following inventories: Examples of fixed costs include all but one of the following: cost of factory rent for

Caltreck Manufacturing Inc.'s accounting records reflect the following inventories:

Examples of fixed costs include all but one of the following:

cost of factory rent for the 12 month contract term.

cost of Janets apartment rent during her 3rd year of university.

cost of a car rental which includes a fee per km driven.

a one-week rental of a carpet cleaning machine.

During 2016, Caltreck purchased $950,000 of raw materials, incurred direct labour costs of $125,000, and incurred manufacturing overhead totalling $160,000. How much raw materials is transferred to production during 2016 for Caltreck Manufacturing?

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