Ogleby Inc During 2017, Ogleby Purchased $980,000 of Raw Materials, Incurred Direct

question 68

Multiple Choice

Ogleby Inc.'s accounting records reflect the following inventories: $\begin{array}{lrr}&\text { Dec. 31, } 2016&\text { Dec. 31, } 2017\\\text { Raw materials inventory } & \$ 120,000 & \$ 96,000 \\\text { Work in process inventory } & 156,000 & 174,000 \\\text { Finished qoods inventory } & 150,000 & 138,000\end{array}$ During 2017, Ogleby purchased $980,000 of raw materials, incurred direct labor costs of $175,000, and incurred manufacturing overhead totaling $224,000. How much is total manufacturing costs incurred during 2017 for Ogleby?

• A) $1,385,000
• B) $1,403,000
• C) $1,379,000
• D) $1,415,000

---

Definitions:

Political Behavior

Actions taken within an organization that are aimed at advancing personal interests or the interests of a group, often through the use of influence and networking.

Organizations

Entities comprising multiple people working together towards common objectives, structured to coordinate their efforts efficiently.

Zone of Indifference

A concept in organizational behavior referring to the range of requests or directives that an individual is willing to accept or follow without resistance.

Tangible Symbols

Objects or things that can be perceived by touch and have a specific meaning or represent particular ideas or qualities.