Problem
Franklin Inc.'s accounting records reflect the following inventories:
|
|
Dec. 31, 2016
|
Dec. 31, 2017
|
|
Raw materials inventory
|
$ 75,715
|
$ 60,289
|
|
Work in process inventory
|
109,997
|
116,659
|
|
Finished goods inventory
|
103,162
|
89,173
|
During 2017, Franklin purchased $1,298,149 of raw materials, incurred direct labor costs of $249,117, and incurred manufacturing overhead totaling $168,182. How much is total manufacturing costs incurred during 2017 for Franklin?