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Barricades Corporation Provided the Following Information for the Year 2015

question 139

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Barricades Corporation provided the following information for the year 2015:  Beginning Balance - Work-in-Process Inventory $24,000 Ending Balance - Work-in-Process Inventory 56,000 Beginning Balance - Raw Materials Inventory 84,000 Ending Balance - Raw Materials Inventory 60,000 Purchases-Raw Materials 360,000 Direct Labor 470,000 Indirect Materials 47,000 Indirect Labor 19,000 Depreciation on Factory Plant & Equipment 24,000 Plant Utilities & Insurance 270,000\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 total manufacturing cost incurred during the year 2015?


Definitions:

Delayed Deliveries

Instances when products, messages, or goods are not delivered within the expected or promised time frame.

Omnibus Motion

A motion that allows a group to vote on several related items in a single vote. Saves time in formal meetings with long agendas.

Parliamentary Procedures

A set of rules and guidelines used to conduct meetings and make decisions in a democratic and orderly fashion.

Collaborative Writing

The practice of multiple individuals working together to produce a single document or piece of text.

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