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[ The following information applies to the questions displayed below. ] Alexandria Aluminum Company, a manufacturer of recyclable soda cans, had the following inventory balances

[The following information applies to the questions displayed below.]
Alexandria Aluminum Company, a manufacturer of recyclable soda cans, had the following inventory balances at the beginning and end of 201.
During 201, the company purchased $250,000 of raw material and spent $400,000 on direct labor.
Manufacturing overhead costs were as follows:
\table[[Indirect material,10,000],[Indirect labor,25,000],[Depreciation on plant and,100,000],[equipment,25,000],[Utilities,30,000],[Other,]]
Sales revenue was $1,105,000 for the year. Selling and administrative expenses for the year amounted to $110,000. The firm's tax rate is 40 percent.
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