Given the Following Account Balances at the End of the First

question 76

Multiple Choice

Given the following account balances at the end of the first year of operations: $$\begin{array} { l c } \text { Work in process inventory } & \$ 90,000 \\\text { Finished goods inventory } & 165,000 \\\text { Cost of goods sold } & 495,000 \\\text { Direct labour price variance } & 35,000 \mathrm { U } \\\text { Direct labour efficiency variance } & 17,000 \mathrm {~F}\end{array}$$ Assuming that variances are considered material, the entry and amount of direct labour variances allocated to the Finished Goods Inventory is:

• A) Credit $3,740
• B) Debit $2,160
• C) Credit $770
• D) Debit $3,960

---

Definitions:

Body Image

An individual's perception and attitudes about their physical appearance, shape, and size.

Colostomy Surgery

A surgical procedure where a portion of the large intestine is brought through the abdominal wall to create a stoma for the removal of waste from the body.

Spicy Foods

Foods containing substances like capsaicin that produce a burning sensation on the taste buds.

Antihypertensive Medications

Drugs prescribed to manage high blood pressure, crucial for preventing cardiovascular diseases and kidney problems.