Figure 14_03
Use the Following Information for Acme, Inc -What Is the Total Amount of Manufacturing Costs Added to of December

question 183

Multiple Choice

Figure 14_03
Use the following information for Acme, Inc., as of December 31
$$\begin{array} { l r } \text { Administrative salaries } & \$ 32,000 \\\text { Depreciation of factory equipment } & 25,000 \\\text { Depreciation of delivery vehicles } & 9,000 \\\text { Direct labor } & 68,000 \\\text { Factory supplies used } & 12,000 \\\text { Finished goods inventory, January 1 } & 57,000 \\\text { Finished goods inventory, December } 31 & 68,000 \\\text { Factory insurance } & 15,500 \\\text { Interest expense } & 12,000 \\\text { Factory utilities } & 14,000 \\\text { Factory maintenance } & 7,500 \\\text { Raw materials inventory, January 1 } & 8,000 \\\text { Raw materials inventory, December 31 } & 4,000 \\\text { Raw material purchases } & 125,000 \\\text { Rent on factory building } & 25,000 \\\text { Repairs of factory equipment } & 11,500 \\\text { Sales commissions } & 37,500 \\\text { Goods in process inventory, January } 1 & 3,500 \\\text { Goods in process inventory, December } 31 & 2,000\end{array}$$

-What is the total amount of manufacturing costs added to Goods In Process?

• A) $393,000.
• B) $325,000.
• C) $389,500.
• D) $397,000.
• E) $307,500.

---

Definitions:

Yogurt Production

The process of fermenting milk with specific bacterial cultures to produce yogurt, a thick, creamy, and slightly sour dairy product.

Alcoholic Fermentation

A biological process by which sugars such as glucose, fructose, and sucrose are converted into cellular energy, producing ethanol and carbon dioxide as byproducts.

Lactate Fermentation

A biological process occurring without oxygen where glucose or similar six-carbon sugars are transformed into cellular energy and lactate as a metabolic byproduct.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide and water.