Inventory Balances for the Jameson Company in October 2018 Are

question 131

Multiple Choice

Inventory balances for the Jameson Company in October 2018 are as follows: $$\begin{array} { l c c } & \text { October } 1,2018 & \text { October } 31,2018 \\\text { Raw materials } & \$ 27,000 & \$ 21,000 \\\text { Work in process } & 48,000 & 37,200 \\\text { Finished goods } & 108,000 & 90,000\end{array}$$
During October, purchases of direct materials were $36,000. Direct labor and factory overhead costs were $60,000 and $84,000, respectively.
What are the total manufacturing costs added to production in the period?

• A)$186,000
• B)$180,000
• C)$144,000
• D)$174,200

Understand the components and importance of a job description.

Recognize the elements involved in job specification.

Learn the recruitment process and effective sources for hiring.

Identify legal aspects of employee selection and hiring practices.

---

Definitions:

Volume

The three-dimensional space occupied by an object, measured in cubic units.

Special Product Pattern

Refers to algebraic identities that simplify the multiplication or factoring of certain algebraic expressions, such as the square of a binomial.

Closed Rectangular Box

A three-dimensional figure with six faces, all of which are rectangles, and all angles are right angles.

Polynomial Function

A mathematical expression involving a sum of powers in one or more variables, where the exponents are whole numbers and the coefficients are real numbers.