Given the Following Data for Harder Company, Compute Cost of Goods

question 85

Multiple Choice

Given the following data for Harder Company, compute cost of goods manufactured: $$\begin{array} { l r l r } \text { Direct materials used } & \$ 120,000 & \text { Beginning work in process } & \$ 20,000 \\\text { Direct labpr } & 200,000 & \text { Ending work in process } & 10,000 \\\text { Manufacturing overhead } & 180,000 & \text { Beginning finished goods } & 25,000 \\\text { Operating expenses } & 175,000 & \text { Ending finished goods } & 15,000\end{array}$$

• A) $490,000
• B) $500,000
• C) $510,000
• D) $520,000

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Definitions:

Existential Import

The implication that the subjects referred to in a proposition actually exist.

Categorical Syllogism

A form of deductive reasoning consisting of three statements: two premises and a conclusion, each stating a relationship between categories.

Unstated Premise

An unstated premise is an implicit assumption that is not directly expressed within an argument but is necessary for the argument's logic to hold.

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