Using $3000000 as the Total Manufacturing Costs Compute the Cost

question 96

Multiple Choice

Using $3000000 as the total manufacturing costs compute the cost of goods manufactured using the following information. $\begin{array}{lr}\text { Raw materials inventory, January 1 } &\$ 20,000 \\\text { Raw materials inventory, December 31 } & 40,000 \\\text { Work in process, January 1 } & 18,000 \\\text { Work in process, December } 31 & 12,000 \\\text { Finished goods, January 1 } & 40,000 \\\text { Finished goods, December 31 } & 32,000 \\\text { Raw materials purchases } & 1,700,000 \\\text { Direct labor } & 760,000 \\\text { Factory utilities } & 150,000 \\\text { Indirect labor } & 50,000 \\\text { Factory depreciation } & 400,000 \\\text { Operating expenses } & 420,000\end{array}$

• A)$3014000.
• B)$2994000.
• C)$3006000.
• D)$3008000.

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Definitions:

TsCl

Tosyl chloride, a compound used to activate alcohols for substitution reactions or convert them into tosylates, enhancing their reactivity.

LiAlH4

Lithium aluminium hydride, a strong reducing agent commonly used in organic chemistry to reduce aldehydes, ketones, and esters to alcohols.

Methanol Poisoning

A toxic condition resulting from the ingestion of methanol, causing symptoms such as visual disturbances and metabolic acidosis.

Ethylene Glycol

A colorless, odorless, sweet-tasting, viscous liquid used primarily as an antifreeze and in the manufacture of polyesters.