Amoeba Manufacturing Company Provided the Following Information for the Year

question 17

Multiple Choice

Amoeba Manufacturing Company provided the following information for the year 2015: $$\begin{array} { | l | r | } \hline \text { Purchases-Raw Materials } & \$ 90,000 \\\hline \text { Plant Utilities \& Insurance } & 67,500 \\\hline \text { Indirect Materials } & 11,750 \\\hline \text { Indirect Labor } & 4,750 \\\hline \text { Direct Materials Used in Production } & 96,000 \\\hline \text { Direct Labor } & 117,500 \\\hline \text { Depreciation on Factory Plant \& Equipment } & 6,000 \\\hline\end{array}$$ The inventory account balances as of January 1^st 2015 are given below.
$$\begin{array} { | l | r | } \hline \text { Raw Materials Inventory } & \$ 42,000 \\\hline \text { Work-in-Process Inventory } & 12,000 \\\hline \text { Finished Goods Inventory } & 49,500 \\\hline\end{array}$$ What is the ending balance in the Raw Materials Inventory account?

• A) $54,000
• B) $6,000
• C) $111,000
• D) $24,250

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Definitions:

Infectious Disease

Diseases caused by pathogenic microorganisms such as bacteria, viruses, parasites, or fungi; they can be spread from person to person or through vectors.

Cloaca

A common cavity at the end of the digestive tract for the release of both excretory and genital products in many vertebrates, excluding most mammals.

Excretion

The process by which metabolic waste products and toxic substances are removed from the body of an organism.