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Ogleby Inc

question 39

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Ogleby Inc.'s accounting records reflect the following inventories: Ogleby Inc.'s accounting records reflect the following inventories:   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 would Ogleby Manufacturing report as cost of goods manufactured for 2017? A)  $1,229,000 B)  $1,397,000 C)  $1,391,000 D)  $1,385,000 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 would Ogleby Manufacturing report as cost of goods manufactured for 2017?

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