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How much is raw materials transferred to production

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Reference no: EM131785906

Question - Benson Manufacturing Inc.'s accounting records reflect the following inventories:

raw materials inventory( on dec.31,2009 is 80,000 and on dec.31,2010 is $64,000)

work in process inventory( on dec.31,2009 is 104,000 and on dec.31,2010 is 116,000)

finished goods inventory( on dec.31,2009 is 100,000 and on dec.31,2010 is 92,000)

During 2010, Benson purchased $860,000 of raw materials, incurred direct labor costs of $200,000, and incurred manufacturing overhead totaling $128,000.

How much is raw materials transferred to production during 2010 for Benson Manufacturing?

a. $1,192,000

b. $976,000

c. $960,000

d. $944,000

Reference no: EM131785906

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