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Question - Sunland Company's accounting records reflect the following inventories:
Dec. 31, 2016 Dec. 31 2017
Raw materials inventory $ 88000 $ 74000
Work in process inventory 114000 126000
Finished goods inventory 100000 92000 During 2017, Sunland purchased $1450000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000.
How much raw materials were transferred to production during 2017 for Sunland?
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