Jenkins Company Had the Following Information for the Year

question 125

Multiple Choice

Jenkins Company had the following information for the year: Jenkins Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours.Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,000.What was adjusted cost of goods sold?

• A)$900,000
• B)$883,000
• C)$881,000
• D)$864,000

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Definitions:

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Pertaining to software for which the original source code is made freely available and may be redistributed and modified.

Logistics

The detailed organization and implementation of a complex operation, often referring to the commercial transportation and coordination of goods.

General Report

A broad document detailing the overall status, performance, or findings concerning a specific subject or period.

Original Goals

The initial objectives or aims that were established at the beginning of a project or activity, serving as the foundational targets for the work.