KRD Supplies Corporation Provided the Following Information for the Year

question 43

Multiple Choice

KRD Supplies Corporation provided the following information for the year: $$\begin{array} { | l | r | } \hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 24,000 \\\hline \text { Ending Balance-Work-in-Process Inventory } & 58,000 \\\hline \text { Beginning Balance - Raw Materials Inventory } & 85,000 \\\hline \text { Ending Balance-Raw Materials Inventory } & 61,000 \\\hline \text { Purchases - Raw Materials } & 359,000 \\\hline \text { Direct Labor } & 470,000 \\\hline \text { Indirect Labor } & 21,000 \\\hline \text { Depreciation on Factory Plant and Equipment } & 24,000 \\\hline \text { Plant Utilities and Insurance } & 268,000 \\\hline\end{array}$$ What was the amount of the manufacturing overhead costs?

• A)$313,000
• B)$45,000
• C)$292,000
• D)$491,000

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Definitions:

Measure

Measure involves determining the size, amount, or degree of something using a standard unit or a tool designed for this purpose.

Well-Designed

Characterizing something that has been carefully planned and created to effectively serve a specific purpose or meet specific criteria.

Cognitive Overload

A mental state where an individual is overwhelmed by too much information or tasks, leading to decreased performance.

Textual And Visual

Involving both written words and graphical elements or images to convey information or messages.