Horton Company Produces and Sells Two Products: Round and Square

question 23

Multiple Choice

Horton Company produces and sells two products: round and square tables. In August 20x4, the budget projected the following for 20x5: Budgeted data for 20x5 Direct labour and overhead are:
Direct labour:
Round 4 hours per unit at $6 per hour
Square 6 hours per unit at $8 per hour
Overhead: $4 per direct labour hour
The cost of ending finished goods inventory of round tables for 20x5 is:

• A) $662,500
• B) $622,500
• C) $562,500
• D) $530,000

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Definitions:

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The use of nuclear weapons against an enemy with the intention of causing massive destruction and loss of life.

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Financial spending dedicated to a nation's armed forces or defense activities, usually involving funding for military equipment, personnel, operations, and maintenance.

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A court formed by nations to adjudicate disputes that arise between nations, concerning matters of international law.