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Crane Inc's accounting records reflect the following inventories: Dec. 31, 2021 Dec. 31, 2022 Raw materials inventory $20000 $86000 Work in process inventory 56000
Crane Inc's accounting records reflect the following inventories: Dec. 31, 2021 Dec. 31, 2022 Raw materials inventory $20000 $86000 Work in process inventory 56000 74000 Finished goods inventory 50000 38000 During 2022, Crane purchased $880000 of raw materials, incurred direct labor costs of $175000, and incurred manufacturing overhead totaling $224000. (Assume that all raw materials used were direct materials.) What total manufacturing costs was incurred during 2022 for Crane? O $1225000 O $1213000 O $1285000
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