Selected data from Design Corporation for 2016 is as follows: Inventories Beginning $34,000 135,000 110,000 Ending $40,000 150,000 102,000 Raw Materials Work in process Finished goods Other information: Plant janitorial services Administrative expenses Raw materials purchased Depreciation – Plant Building & Equipment Insurance on plant Depreciation expense on delivery truck Direct manufacturing wages Sales revenue Plant Utilities | Sales commissions $8,000 $121,230 $41,000 $32,500 $11,500 $18,250 $144,000 $575,000 $28,000 $23,700 What is the cost for raw materials used during 2016? a. $35,000 O b. $80,000 O c. $40,000 O d. $46,000
Selected data from Design Corporation for 2016 is as follows: Inventories Beginning $34,000 135,000 110,000 Ending $40,000 150,000 102,000 Raw Materials Work in process Finished goods Other information: Plant janitorial services Administrative expenses Raw materials purchased Depreciation – Plant Building & Equipment Insurance on plant Depreciation expense on delivery truck Direct manufacturing wages Sales revenue Plant Utilities | Sales commissions $8,000 $121,230 $41,000 $32,500 $11,500 $18,250 $144,000 $575,000 $28,000 $23,700 What is the cost for raw materials used during 2016? a. $35,000 O b. $80,000 O c. $40,000 O d. $46,000
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.2E: Identify cost graphs The following cost graphs illustrate various types of cost behavior: For each...
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Question
![Selected data from Design Corporation for 2016 is as follows:
Inventories
Beginning
$34,000
135,000
110,000
Ending
$40,000
150,000
102,000
Raw Materials
Work in process
Finished goods
Other information:
Plant janitorial services
Administrative expenses
Raw materials purchased
Depreciation – Plant Building & Equipment
Insurance on plant
Depreciation expense on delivery truck
Direct manufacturing wages
$8,000
$121,230
$41,000
$32,500
$11,500
$18,250
$144,000
$575,000
$28,000
$23.700
Sales revenue
Plant Utilities
Sales commissions
What is the cost for raw materials used during 2016?
O a. $35,000
O b. $80,000
O c. $40,000
O d. $46,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdc8b46fe-3b4e-40ea-990c-f194d49c409c%2F38a624ed-34e7-4f44-953d-65dc7f42174f%2Fw04e11e_processed.png&w=3840&q=75)
Transcribed Image Text:Selected data from Design Corporation for 2016 is as follows:
Inventories
Beginning
$34,000
135,000
110,000
Ending
$40,000
150,000
102,000
Raw Materials
Work in process
Finished goods
Other information:
Plant janitorial services
Administrative expenses
Raw materials purchased
Depreciation – Plant Building & Equipment
Insurance on plant
Depreciation expense on delivery truck
Direct manufacturing wages
$8,000
$121,230
$41,000
$32,500
$11,500
$18,250
$144,000
$575,000
$28,000
$23.700
Sales revenue
Plant Utilities
Sales commissions
What is the cost for raw materials used during 2016?
O a. $35,000
O b. $80,000
O c. $40,000
O d. $46,000
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