Laflin Company Reported the Following Year-End Information Laflin Company's Cost of Goods Manufactured for the Year Is

question 99

Multiple Choice

Laflin Company reported the following year-end information: $$\begin{array} { l r } \text { Beginning work in process inventory } & \$ 1,080,000 \\\text { Beginning raw materials inventory } & 300,000 \\\text { Ending work in process inventory } & 900,000 \\\text { Ending raw materials inventory } & 480,000 \\\text { Raw materials purchased } & 960,000 \\\text { Direct labor } & 900,000 \\\text { Manufacturing overhead } & 720,000\end{array}$$ Laflin Company's cost of goods manufactured for the year is

• A)$2,400,000.
• B)$2,580,000.
• C)$2,220,000.
• D)$2,760,000.

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Definitions:

Zajonc's Drive

A theory proposing that the mere presence of others can enhance individual performance on simple tasks but hinder it on complex tasks.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with increased activity in the central nervous system.

Evaluation Apprehension

The concern or anxiety individuals feel when they know they are being observed and evaluated by others.

Social Facilitation Effects

Describes how the presence of others enhances or improves an individual's performance on simple or well-learned tasks but can impair performance on complex or new tasks.