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Current Attempt in Progress Vaughn Inc's accounting records reflect the following inventories: During 2022, Vaughn purchased $1450000 of raw materials, incurred direct fabor costs of

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Current Attempt in Progress Vaughn Inc's accounting records reflect the following inventories: During 2022, Vaughn purchased $1450000 of raw materials, incurred direct fabor costs of $250000, and incurred manufacturing overhead totaling $160000. (Assume that all raw materials used were direct materials.) What was the cost of raw materials transferred to production during 2022 for Vaughn? \begin{tabular}{r} $1466000 \\ $1450000 \\ $1387000 \\ $1434000 \\ \hline \end{tabular}

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