Reference:
Bergeron Inc -The Cost of Goods Manufactured Was?
A)$1,250

question 46

Multiple Choice

Reference:
Bergeron Inc. reported the following data for last year: $$\begin{array} { | l | r | } \hline \text { Work in process inventory, beginning } & \$ 100 \\\hline \text { Work in process inventory, ending } & \$ 150 \\\hline \text { Finished goods inventory, beginning } & \$ 180 \\\hline \text { Finished goods inventory, ending } & \$ 200 \\\hline \text { Direct labour cost } & \$ 300 \\\hline \text { Direct materials cost } & \$ 500 \\\hline \text { Manufacturing overhead cost } & \$ 400 \\\hline\end{array}$$
-The cost of goods manufactured was?

• A)$1,250.
• B)$1,180.
• C)$1,220.
• D)$1,150.

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Definitions:

Limited Liability Company

A business entity model combining the benefit of limited liability from a corporation with the direct tax advantages of a partnership or sole proprietorship.

Breaching

The act of violating a law, duty, other form of agreement, or trust.

Taxed As A Corporation

Refers to a taxation status where a business entity is treated as a corporation for tax purposes, subjecting it to corporate income tax rates and regulations.

Limited Liability Company

An enterprise organization that fuses the limited liability benefit of corporations with the pass-through taxation system characteristic of sole proprietorships or partnerships.