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Ogleby Inc.'s accounting records reflect the following inventories: Raw maberials inventory Work in process inventory Finished goods inventory $120,000 156,000 150,000 Dec. 31, 2017 $
Ogleby Inc.'s accounting records reflect the following inventories: Raw maberials inventory Work in process inventory Finished goods inventory $120,000 156,000 150,000 Dec. 31, 2017 $ 96,000 174,000 138,000 During 2017, Ogleby purchased $980,000 of raw materials, incurred direct labor costs of $175,000, and incurred manufacturing overhead totaling $224,000. How much is total manufacturing costs incurred during 2017 for Ogleby? A) $1,385,000 B) $1,A03,000 C) $1,379,000 D) $1,415,000
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