Question
Vaughn Manufacturing's accounting records reflect the following inventories: Dec. 31, 2016 Dec. 31, 2017 Raw materials inventory $110000 $ 103000 Work in process inventory 136000
Vaughn Manufacturing's accounting records reflect the following inventories:
| Dec. 31, 2016 | Dec. 31, 2017 | |
| Raw materials inventory | $110000 | $ 103000 |
| Work in process inventory | 136000 | 154000 |
| Finished goods inventory | 130000 | 118000 |
During 2017, Vaughn purchased $960000 of raw materials, incurred direct labor costs of $175000, and incurred manufacturing overhead totaling $224000. How much is total manufacturing costs incurred during 2017 for Vaughn?
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Apple Blossom Cologne Company Audit Case
Authors: Jack Paul
5th Edition
0072844507, 978-0072844504
