Quinton Corporation Provided the Following Information for the Year What Was the Total Manufacturing Costs Incurred During the Year

question 153

Multiple Choice

Quinton Corporation provided the following information for the year: $$\begin{array} { | l | r | } \hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 27,000 \\\hline \text { Ending Balance - Work-in-Process Inventory } & 57,000 \\\hline \text { Beginning Balance - Direct Materials } & 87,000 \\\hline \text { Ending Balance - Direct Materials } & 61,000 \\\hline \text { Purchases - Direct Materials } & 358,000 \\\hline \text { Direct Labor } & 469,000 \\\hline \text { Indirect Labor } & 21,000 \\\hline \text { Depreciation on Factory Plant and Equipment } & 22,000 \\\hline \text { Plant Utilities and Insurance } & 271,000 \\\hline\end{array}$$ What was the total manufacturing costs incurred during the year?

• A) $698,000
• B) $314,000
• C) $853,000
• D) $1,167,000

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Sherman Act

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