During the Month of June, Reardon Company Incurred $17,000 of Direct

question 118

Multiple Choice

During the month of June, Reardon Company incurred $17,000 of direct labour, $8,500 of manufacturing overhead and purchased $15,000 of raw materials. Between the beginning and the end of the month, the raw materials inventory increased by $2,000, the finished goods inventory increased by $1,500, and the work in process inventory decreased by $3,000. The cost of goods manufactured would be:

• A)$40,500.
• B)$43,500.
• C)$38,500.
• D)$41,500.

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Definitions:

Gonadotropin-releasing Hormone

A hormone responsible for the release of follicle-stimulating hormone and luteinizing hormone from the anterior pituitary.

Testosterone

A steroid hormone that promotes the development and maintenance of male sex characteristics.

Hormone

A chemical substance produced in the body that controls and regulates the activity of certain cells or organs.

Solubility

The ability of a substance to dissolve in a solvent, resulting in a homogeneous mixture or solution.