Use the Following Information to Compute the Cost of Goods

question 153

Multiple Choice

Use the following information to compute the cost of goods manufactured. Assume that all raw materials used were traceable to specific units of product. $\begin{array} { l | r } \text { Beginning raw materials } & \$ 5,500 \\\hline \text { Ending raw materials } & 4,000 \\\hline \text { Direct labor } & 12,250 \\\hline \text { Raw material purchases } & 7,400 \\\hline \text { Depreciation on factory equipment } & 6,500 \\\hline \text { Factory repairs and maintenance } & 3,300 \\\hline \text { Beginning finished goods inventory } & 10,200 \\\hline \text { Ending finished goods inventory } & 8,900 \\\hline \text { Beginning work in process inventory } & 5,700 \\\hline \text { Ending work in process inventory } & 6,300\end{array}$

• A) $36,650.
• B) $30,350.
• C) $30,650.
• D) $30,950.
• E) $31,650.

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Definitions:

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Psychotherapy

A therapeutic treatment primarily involving talking and interaction with a mental health professional, aimed at resolving mental health issues or coping with life's stresses.

Biomedical Therapy

Treatment for psychological disorders that involves medication and other medical interventions to treat chemical imbalances and physical symptoms.

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A persistent state of excessive worry and fear that interferes with daily activities, often without a specific cause.