Mars Supplies Company Provided the Following Information for the Year

question 48

Multiple Choice

Mars Supplies Company provided the following information for the year: $$\begin{array} { | l | r | } \hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 24,000 \\\hline \text { Ending Balance - Work-in-Process Inventory } & 58,000 \\\hline \text { Beginning Balance - Direct Materials Inventory } & 85,000 \\\hline \text { Ending Balance - Direct Materials Inventory } & 61,000 \\\hline \text { Purchases - Direct Materials } & 359,000 \\\hline \text { Direct Labor } & 470,000 \\\hline \text { Indirect Labor } & 21,000 \\\hline \text { Depreciation on Factory Plant and Equipment } & 24,000 \\\hline \text { Plant Utilities and Insurance } & 268,000 \\\hline\end{array}$$ 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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Largest City

A term used to denote the city with the highest population within a given region or country.

Canada

A country located in North America consisting of ten provinces and three territories, known for its multicultural population and natural landscape.

Largest City

signifies the city with the greatest population size within a defined geographical area or country.

Canada

A country in the northern part of North America, known for its vast landscapes, multicultural population, and bilingual (English and French) heritage.