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Rios Corporation Reports Costs for the Year as Follows How Much Is the Total Product Costs for the Year

question 162

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Rios Corporation reports costs for the year as follows:  Direct Materials Used $780,000 Wages to Line Workers 245,000 Office Rent 33,000 Indirect Materials Used 800,000\begin{array} { | l | r | } \hline \text { Direct Materials Used } & \$ 780,000 \\\hline \text { Wages to Line Workers } & 245,000 \\\hline \text { Office Rent } & 33,000 \\\hline \text { Indirect Materials Used } & 800,000 \\\hline\end{array} How much is the total product costs for the year?

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