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Crane Company's accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw materials inventory $150000 $ 98000 Work in process inventory 176000
Crane Company's accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw materials inventory $150000 $ 98000 Work in process inventory 176000 194000 Finished goods inventory 170000 158000 During 2020, Crane purchased $1000000 of raw materials, incurred direct labor costs of $175000, and incurred manufacturing overhead totaling $224000. How much is total manufacturing costs incurred during 2020 for Crane? $1405000 $1399000 $1451000 O $1463000
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