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DS-43942 company provided the following data for the end of the year fall raw materials are used in production as direct materials): Selling expenses $206,000
DS-43942 company provided the following data for the end of the year fall raw materials are used in production as direct materials): Selling expenses $206,000 Purchases of raw materials $247,000 Direct labor $ 20,000 Administrative expenses $148,000 Manufacturing overhead applied to work in process $360,000 Actual manufacturing overhead cost $332,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning End of of Year Year $60,000 $38,000 $ 25,000 $33,000 $44,000 For the year, the cost of goods available for sale was $708,000 and the net operating income as reported in its income statement income was $49,000. The DS-43942 company's underapplied or overapplied overhead was closed to cost of Goods Sold. How much was the DS-43942 company's sales revenue for the year
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