The Following Information Is Available for the Year Ended December

question 114

Multiple Choice

The following information is available for the year ended December 31: $\begin{array} { | l | r | } \hline \text { Beginning raw materials inventory } & \$ 21,500 \\\text { Raw materials purchases } & 74,000 \\\hline \text { Ending raw materials inventory } & 23,000 \\\hline \text { Office supplies expense } & 2,400 \\\hline\end{array}$ The amount of raw materials used in production for the year is:

• A) $76,400.
• B) $95,500.
• C) $72,500.
• D) $74,900.
• E) $70,100.

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Definitions:

Single Thought Pattern

The tendency of an individual or group to focus on one particular idea or perspective, often to the exclusion of alternative viewpoints.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Overt Judgments

Explicit and open evaluations or decisions about someone or something.

Incidental Motions

Procedural motions that arise unexpectedly and need to be addressed immediately during the course of a meeting or deliberative assembly.