Inventory balances for Marshall, Inc., in June 2016 are as follows: 
During June, purchases of direct materials were $1,500. Direct labor and factory overhead costs were $2,500 and
$3,500, respectively. Conversion costs for June were
Definitions:
Mid-ocean Ridge
An underwater mountain range, formed by plate tectonics, where new oceanic crust is created by volcanic activity.
Linear Island Chain
A series of islands arranged along a straight or nearly straight line, often formed by volcanic activity along a submarine ridge.
Fracture Zone
An area in oceanic or continental crust characterized by cracks and faults due to tectonic stresses, often associated with earthquake activity.
Plate Boundary
The edges where tectonic plates meet, which can be sites of earthquakes, volcanoes, and mountain building.
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