Keegan Corporation Reports the Following Cost Information for March What Is the Amount of Direct Materials Used by the

question 156

Multiple Choice

Keegan Corporation reports the following cost information for March: $$\begin{array} { | l | r | } \hline \text { Cost of Goods Manufactured } & \$ 76,000 \\\hline \text { Manufacturing Overhead } & 18,900 \\\hline \text { Finished Goods Inventory, March 1 } & 4000 \\\hline \text { Finished Goods Inventory, March 31 } & 3000 \\\hline \text { Work-in-Process Inventory, March 1 } & 9690 \\\hline \text { Work-in-Process Inventory, March 31 } & 1200 \\\hline \text { Direct Labor } & 37,000\\\hline\end{array}$$ What is the amount of direct materials used by the company in March?

• A)$11,610
• B)$8490
• C)$18,100
• D)$20,100

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Definitions:

Express Emotion

The process of conveying one's feelings to others through words, actions, or expressions.

Claim Promptly

The act of quickly reporting or making a formal request, often in the context of customer service or insurance, to address an issue or to receive benefits.

Less Important

Refers to something that holds less significance or priority compared to other elements or concerns.

Indicative Mood

A grammatical mood used to make statements or ask questions that are factual or believed to be true.