Amoeba Manufacturing,Inc The Inventory Account Balances as of January 1 Are Given

question 208

Multiple Choice

Amoeba Manufacturing,Inc.provided the following information for the year: $$\begin{array} { | l | r | } \hline \text { Purchases-Raw Materials } & \$ 91,000 \\\hline \text { Plant Utilities and Insurance } & 66,000 \\\hline \text { Indirect Materials } & 11,240 \\\hline \text { Indirect Labor } & 4,340 \\\hline \text { Direct Materials Used in Production } & 99,000 \\\hline \text { Direct Labor } & 119,500 \\\hline \text { Depreciation on Factory Plant \& Equipment } & 5,000 \\\hline\end{array}$$ The inventory account balances as of January 1 are given below.
$$\begin{array} { | l | r | } \hline \text { Raw Materials Inventory } & \$ 44,000 \\\hline \text { Work-in-Progress Inventory } & 11,000 \\\hline \text { Finished Goods Inventory } & 50,000 \\\hline\end{array}$$ What is the ending balance in the Raw Materials Inventory account?

• A)$135,000
• B)$6,000
• C)$110,240
• D)$24,760

Learn the process of analyzing total labor variance, including both rate and efficiency variances.

Understand the concepts and characteristics of different leadership theories.

Identify various leadership styles and their impact on organizational behavior.

Describe the relationship between leadership and culture as explored in Project GLOBE.

---

Definitions:

Modifiers

Modifiers are words, phrases, or clauses that provide additional information about another word or phrase to specify or clarify its meaning.

Organizational Writing

Structured and professional writing used in business settings, including reports, emails, proposals, and manuals.

Business Writers

Professionals who specialize in creating written content for business purposes, including reports, proposals, and correspondence.

Support Sentences

Sentences within a paragraph that clarify, exemplify, or expand on the main idea.