SnackSmart, Inc., is a manufacturer of prepacked snack food for the health conscious consumer. Thecompany's raw materials inventory only contains direct materials. During theyear, the company purchased and used$13,500 of direct materials. Inaddition, the company incurred the following manufacturingcosts:

direct labor: $15,000

rent: $8,000

depreciation: $4,500

utilities: $6,000

indirect labor: $5,000

indirect materials: $500

On thecompany's cost of goods sold scheduled prepared at yearend, the cost of goods manufactured for the year was$22,000 and there was a net increase of$2,250 in finished goods inventory.

Which of the following statements is correct assuming the company uses an actual costing system to account for manufacturingoverhead?

A. The net decrease in work in process inventory during the period was$30,500.

B. Total actual manufacturing overhead costs for the year were $39,000.

C. To calculate grossprofit, $24,250 would be subtracted from sales revenue.

D. The beginning raw materials inventory equaled the ending raw materials inventory.

E. More than one of the above statements is correct.