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Inventory Balances for the Jameson Company in October 2018 Are

Question 131

Multiple Choice

Inventory balances for the Jameson Company in October 2018 are as follows:  October 1,2018 October 31,2018 Raw materials $27,000$21,000 Work in process 48,00037,200 Finished goods 108,00090,000\begin{array} { l c c } & \text { October } 1,2018 & \text { October } 31,2018 \\\text { Raw materials } & \$ 27,000 & \$ 21,000 \\\text { Work in process } & 48,000 & 37,200 \\\text { Finished goods } & 108,000 & 90,000\end{array}
During October, purchases of direct materials were $36,000. Direct labor and factory overhead costs were $60,000 and $84,000, respectively.
What are the total manufacturing costs added to production in the period?


A) $186,000
B) $180,000
C) $144,000
D) $174,200

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