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DS-70373 company provided the following data for the end of the year (all raw materials are used in production as direct materials): Selling expenses $

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DS-70373 company provided the following data for the end of the year (all raw materials are used in production as direct materials): Selling expenses $ 214,000 Purchases of raw materials $263,000 Direct labor $ 20,000 Administrative expenses $156,000 Manufacturing overhead applied to work in process $368,000 Actual manufacturing overhead cost $348,000 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 $724,000 and the net operating income as reported in its income statement income was The DS-70373 company's underapplied or overopplied overhead was closed to cost of Goods Sold. How much was the DS-70373 company's sales revenue for the year? DS-70373 company provided the following data for the end of the year (all raw materials are used in production as direct materials) Selling expenses $ 214,000 Purchases of raw materials $263,000 Direct labor $ 20,000 Administrative expensen $156,000 Manufacturing overhead applied to work in procena $368,000 Actual manufacturing overhead cost $348,000 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 $ 2 $44,000 1 For the year, the cost of goods available for sale was $724,000 and the net operating income as reported in its income statement income was $41.000, The DS-70373 company's underapplied or overapplied overhead was closed to Cost of Goods Sold How much was the DS-70373 company's sales revenue for the year? Multiple Choice O $1,063.000 $1,067000 $107.000 $1,059.000

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