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During the year, a manufacturing company had the following operating results: Beginning work-in-process inventory $ 45,000 Beginning finished goods inventory $ 190,000 Direct materials used
During the year, a manufacturing company had the following operating results:
| Beginning work-in-process inventory | $ | 45,000 | |
| Beginning finished goods inventory | $ | 190,000 | |
| Direct materials used in production | $ | 308,000 | |
| Direct labor | $ | 475,000 | |
| Manufacturing overhead incurred | $ | 250,000 | |
| Ending work-in-process inventory | $ | 67,000 | |
| Ending finished goods inventory | $ | 89,000 | |
What is the cost of goods manufactured for the year?
A. $1,112,000
B. $1,134,000
C. $1,033,000
D. $1,011,000
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