The Records of the Williamson Company Show the Following Information

question 170

Multiple Choice

The records of the Williamson Company show the following information: $$\begin{array} { l r } \text { Direct materials used } & \$ 90,000 \\\text { Direct labor } & 130,000 \\\text { Factory overhead } & 150,000 \\\text { Beginning work-in-process inventory } & 15,000 \\\text { Beginning finished goods inventory } & 20,000 \\\text { Ending work-in-process inventory } & 42,000 \\\text { Selling and administrative expenses } & 37,500\end{array}$$
What was the cost of goods manufactured during the year?

• A)$370,000
• B)$365,000

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Definitions:

Developmental Outcomes

The results or changes in an individual’s capabilities or behaviors over time due to growth and experience.

Positive Youth Development

A general approach to adolescence that emphasizes the strengths and positive qualities of youth that contribute to their psychological health as well as to the welfare of their communities.

Psychological Health

A state of well-being where an individual realizes their abilities, can cope with normal stresses of life, and can work productively.

Adolescent Development

The physical, psychological, emotional, and social growth and changes that occur during the period of transition from childhood to adulthood.