Information from the Records of Chrome Ponies Enterprises for June

question 107

Multiple Choice

Information from the records of Chrome Ponies Enterprises for June 2018 is as follows: $\begin{array}{lr}\text { Sales } & \$ 41,000 \\\text { Direct labor } & 10,000 \\\text { Selling and administrative expenses } & 7,000 \\\text { Direct materials purchases } & 6,000 \\\text { Factory overhead } & 13,500\end{array}$

$\begin{array} { l r r } & { \text { Inventories } } \\& \text { June 1,2018 } & \text { June } 30,2018 \\& \$ 1,200 & \$ 1,400 \\\text { Direct materials } & 2,500 & 2,800 \\\text { Work in process } & 2,300 & 1,900\end{array}$ What are the total manufacturing costs added?

• A)$18,500
• B)$19,300
• C)$29,000
• D)$29,300

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Definitions:

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Displaying readiness or being inclined towards undertaking a specific action or embracing a particular idea.

Ultimate Concern

The fundamental issue or overarching priority that drives an individual's actions or beliefs.

Ownership

The act, state, or right of possessing something, which can refer to tangible property or intangible qualities such as owning one's actions.

Being

The existence or essence of a person, often considered in terms of consciousness, identity, and the nature of existence.