Barricades Corporation Provided the Following Information for the Year 2015

question 11

Multiple Choice

Barricades Corporation provided the following information for the year 2015: $$\begin{array} { | l | r | } \hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 24,000 \\\hline \text { Ending Balance - Work-in-Process Inventory } & 56,000 \\\hline \text { Beginning Balance - Raw Materials Inventory } & 84,000 \\\hline \text { Ending Balance - Raw Materials Inventory } & 60,000 \\\hline \text { Purchases-Raw Materials } & 360,000 \\\hline \text { Direct Labor } & 470,000 \\\hline \text { Indirect Materials } & 47,000 \\\hline \text { Indirect Labor } & 19,000 \\\hline \text { Depreciation on Factory Plant \& Equipment } & 24,000 \\\hline \text { Plant Utilities \& Insurance } & 270,000\\\hline\end{array}$$ What was the amount of direct materials used in production during 2015?

• A) $360,000
• B) $504,000
• C) $384,000
• D) $328,000

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Definitions:

Decan-2-one

A ketone with the molecular formula C10H20O, characterized by a ten-carbon chain with a ketone group at the second carbon.

1-Bromoheptane

An organic compound consisting of a seven-carbon chain with a bromine atom attached to the first carbon.

Dieckman Cyclization

A chemical reaction used to form a ring by connecting the ends of a dicarbonyl compound using a base.

Acetoacetic Ester Synthesis

Acetoacetic ester synthesis is a method for creating carbon-carbon bonds, enabling the synthesis of ketones from acetoacetic ester through alkylation followed by decarboxylation.