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?

Question

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?

Quizplus · Accepted Answer

$\begin{array}{c}
\begin{array}{lll}
  \text {Beginning Balance--Direct Materials Inventory }\
  \text {Purchases-Direct Materials}\
  \text {Ending Balance-Direct Materials Inventory}\
  \text { Direct Materials Used}\
\
  \text {Plant Utilities and Insurance}\
  \text {Depreciation on Factory Plant and Equipment}\
  \text { Indirect Labor}\
  \text {Total Manufacturing Overhead Costs}\
\
  \text {Direct Materials Used}\
  \text {Direct Labor}\
  \text {Manufacturing Overhead}\
  \text {Total Manufacturing Cost Incurred During Year}\ 
\end{array}
\begin{array}{r}
\$ 87,000 \
358,000 \
\underline{(61,000)} \
\underline{\underline{\$ 384,000}} \
\
 \$ 271,000 \
22,000 \
\underline{21,000} \
\underline{\underline{\$ 314,000}} \
\
 \$ 384,000 \
469,000 \
\underline{\$ 314,000 }\
\underline{\underline{\$ 1,167,000}} \ 
\end{array}
\end{array}$

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