Given the Following Data Direct Materials Used Is
A) $2,000
B) $4,000
C) $8,000

question 48

Multiple Choice

Given the following data:?? $$\begin{array} { l r } \text { Work in process, beginning } & \$ 14,000 \\\text { Work in process, ending } & 20,000 \\\text { Direct labor costs } & 4,000 \\\text { Cost of goods manufactured } & 8,000 \\\text { Factory overhead } & 8,000\end{array}$$ Direct materials used is

• A) $2,000
• B) $4,000
• C) $8,000
• D) $14,000

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Definitions:

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits via dividends.

Dividend Yield

Dividend yield is a financial ratio that indicates how much a company pays out in dividends each year relative to its stock price.

Earnings per Share

A key financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in cash.