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Wright Company Reports Production Costs for 2009 as Follows How Much Are Wright Company's Inventoriable Product Costs for 2009

Question 7

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Wright Company reports production costs for 2009 as follows:
 Direct materials used $375,000 Direct labor incurred $250,000 Manufacturing overhead incurred $400,000 Operating expenses $145,000\begin{array} { | l | l | } \hline \text { Direct materials used } & \$ 375,000 \\\hline \text { Direct labor incurred } & \$ 250,000 \\\hline \text { Manufacturing overhead incurred } & \$ 400,000 \\\hline \text { Operating expenses } & \$ 145,000 \\\hline\end{array} How much are Wright Company's inventoriable product costs for 2009?


A) $925,000
B) $605,000
C) $975,000
D) $1,025,000

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