Assuming That the Total Manufacturing Costs Are $3,400,000, Compute the Cost

question 30

Multiple Choice

Assuming that the total manufacturing costs are $3,400,000, compute the cost of goods manufactured using the information below. $\begin{array}{lll}\text { Raw materials inventory, January 1 } & 30,000 \\\text { Raw materials inventory, December } 31 & 60,000 \\\text { Work in process, January 1 } & 27,000 \\\text { Work in process, December 31 } & 18,000 \\\text { Finished goods, January 1 } & 60,000 \\\text { Finished goods, December 31 } & 48,000\\\text { Raw materials purchases } & 1,800,000 \\\text { Direct labor } & 890,000 \\\text { Factory utilities } & 225,000 \\\text { Indirect labor } & 75,000 \\\text { Factory depreciation } & 500,000 \\\text { Operating expenses } & 630,000\end{array}$

• A)$3,421,000.
• B)$3,391,000.
• C)$3,409,000.
• D)$3,142,000.

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Definitions:

Freud

Sigmund Freud was an Austrian neurologist who founded psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Attitudes And Values

Internalized beliefs and preferences that influence an individual's behavior and perception of the world, guiding how one evaluates issues, objects, or people.

Enhancing Society

Actions or initiatives aimed at improving social structures, relationships, and overall community well-being.

Genital Stage

The final stage in Freud's theory of psychosexual development, beginning in puberty, where sexual energy is focused on the genitals.