Dolan Company's Accounting Records Reflect the Following Inventories During 2017, $800,000 of Raw Materials Were Purchased, Direct Labor

question 36

Multiple Choice

Dolan Company's accounting records reflect the following inventories: $$\begin{array} { l c c } & \text { Dec. 31, 2017 } & \text { Dec. 31, 2016 } \\\text { Raw materials inventory } & \$ 310,000 & \$ 260,000 \\\text { Work in process inventory } & 300,000 & 160,000 \\\text { Finished goods inventory } & 190,000 & 150,000\end{array}$$ During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. Dolan Company's total manufacturing costs incurred in 2017 amounted to

• A)$2,060,000.
• B)$2,020,000.
• C)$1,920,000.
• D)$2,110,000.

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Definitions:

Erich Lindemann

A psychiatrist known for his pioneering work in grief counseling and crisis intervention, emphasizing the importance of community support systems.

Paraprofessionals

Supportive workers who assist professionals, particularly in educational, library, and medical fields, but do not have the same level of training or qualifications.

Gerald Corey

A prominent author and professor in the field of psychology known for his work in counselling and psychotherapy.

Crisis Intervention

A method of immediate, short-term assistance to individuals experiencing an event that produces emotional, mental, physical, and behavioral distress.