Reference no: EM13868238
Benson Inc.'s accounting records reflect the following inventories:
Dec.31, 2012 Dec.31, 2013
Raw materials inventory $ 80,000 $ 64,000
Work in process inventory 104,000 116,000
Finished goods inventory 100,000 92,000
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 raw materials were transferred to production during 2013 for Benson?
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