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J. Dolan Company's accounting records reflect the following inventories: Dec. 31. 2017 Dec. 31, 2016 Raw materials inventory $310,000 $260,000 Work in process inventory 300,000
J. Dolan Company's accounting records reflect the following inventories: Dec. 31. 2017 Dec. 31, 2016 Raw materials inventory $310,000 $260,000 Work in process inventory 300,000 160,000 Finished goods inventory 190,000 150,000 During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. Dolan Company's total manufacturing costs incurred in 2017 amounted to a> $2.000
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