Benson Inc During 2013, Benson Purchased $1,160,000 of Raw Materials, Incurred Direct

Multiple Choice

Benson Inc.'s accounting records reflect the following inventories: $$\begin{array} { l c c } & \text { Dec. 31,2012 } & \text { Dec. 31,2013 } \\\text { Raw materials inventory } & \$ 80,000 & \$ 64,000 \\\text { Work in process inventory } & 104,000 & 116,000 \\\text { Finished goods inventory } & 100,000 & 92,000\end{array}$$ During 2013, Benson purchased $1,160,000 of raw materials, incurred direct labor costs of $200,000, and incurred manufacturing overhead totaling $128,000.
- How much is total manufacturing costs incurred during 2013 for Benson?

A) $1,392,000
B) $1,404,000
C) $1,388,000
D) $1,400,000