The Records of Bentler Shoppers, Inc The Net Income for the Month of December Is:
A)$875,000

question 6

Multiple Choice

The records of Bentler Shoppers, Inc. for December 2018 shows the following information: $$\begin{array} { l r } \text { Sales } & \$ 2,050,000 \\\text { Selling and administrative expenses } & 250,000 \\\text { Direct materials purchases } & 205,000 \\\text { Direct labor } & 298,000 \\\text { Factory overhead } & 350,000 \\\text { Direct materials, December 1 } & 50,000 \\\text { Work-in-process, December 1 } & 85,000 \\\text { Finished goods, December 1 } & 64,000 \\\text { Direct materials, December } 31 & 41,000 \\\text { Work-in-process, December } 31 & 72,000 \\\text { Finished goods, December } 31 & 55,000\end{array}$$ The net income for the month of December is:

• A)$875,000.
• B)$916,000.
• C)$884,000.
• D)$770,000.

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Definitions:

Decision Theorists

Decision theorists specialize in the study of decision-making processes, particularly in identifying the best choices under conditions of uncertainty or risk.

Escalation of Commitment

The phenomenon where people continue to invest time, money, or effort into a failing project or decision, often due to emotional attachment or the desire to avoid admitting failure.

Reality Checks

Moments or actions taken to ensure that one's understanding or perception of a situation is accurate, often involving a comparison to objective evidence or facts.

Situational Analysis

The process of evaluating an organization's current situation or environment to identify strengths, weaknesses, opportunities, and threats.