Arturo Manufacturing Company Provided the Following Information for the Year

question 26

Multiple Choice

Arturo Manufacturing Company provided the following information for the year 2012:
Beginning balance-work in process inventory $12,000
Ending balance-work in process inventory $28,000
Beginning balance-direct materials inventory $42,000
Ending balance-direct materials inventory $30,000
Purchases-direct materials $180,000
Direct labor $235,000
Indirect materials $23,500
Indirect labor $9,500
Depreciation on factory plant & equipment $12,000
Plant utilities & insurance $135,000
What was the amount of manufacturing overhead costs?

• A) $180,000
• B) $156,500
• C) $147,000
• D) $135,000

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Definitions:

Group Membership

The state of belonging to a group, which can affect an individual's identity, behavior, and social interactions.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Rogers

Often refers to Carl Rogers, an influential American psychologist and one of the founders of the humanistic approach to psychology.

Sigmund Freud

was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.