Finished goods inventory 100000 92000 during 2017 sunland


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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Accounting Basics: Finished goods inventory 100000 92000 during 2017 sunland
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