Reference no: EM132482049

Question - Samo Co. incurred the following costs during the quarter:

Raw materials used in production $32,000

Marketing materials used by sales staff $14,000

Wages of factory workers $91,000

Salaries of sales staff $291,000

Depreciation on factory and production equipment $52,000

Depreciation on headquarters building $32,000

Manufacturing overhead $72,000

How much of these costs would have been recorded in Samo's Work in Process Inventory account during the quarter?

$195,000

$188,000

$552,000

$279,000

$247,000