Reference:
Geneva Steel Corporation Produces Large Sheets of Heavy Gauge

question 81

Multiple Choice

Reference:
Geneva Steel Corporation produces large sheets of heavy gauge steel. The company showed the following amounts relating to its production for the year just completed: $$\begin{array} { | l | r | } \hline \text { Direct materials used in production } & \$ 110,000 \\\hline \text { Direct labour costs for the year } & 55,000 \\\hline \text { Work in process, beginning } & 22,000 \\\hline \text { Finished goods, beginning } & 45,000 \\\hline \text { Cost of goods available for sale } & 288,000 \\\hline \text { Cost of goods sold } & 238,000 \\\hline \text { Work in process, ending } & 16,000 \\\hline\end{array}$$
-Manufacturing overhead cost for the year was?

• A)$84,000.
• B)$78,000.
• C)$72,000.
• D)$56,000.

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Definitions:

Relationship Behaviors

Patterns of action or conduct exhibited by individuals in their interactions with others, affecting the nature and quality of relationships.

Intersecting Axes

A concept where two or more lines or paths cross each other, often used metaphorically to describe where different dimensions or aspects meet.

Authority Compliance

A management approach focusing on strict adherence to rules and regulations, often at the expense of organizational flexibility and employee satisfaction.

Leadership Grid

A model for analyzing and assessing leadership styles by evaluating concern for people against concern for production to categorize leaders.