Kelita's Kar Kare Kompany Had the Following Cost and Inventory

question 8

Multiple Choice

Kelita's Kar Kare Kompany had the following cost and inventory data for the month:
Costs incurred for the month: $\begin{array}{lr}\text { Direct labour } & \$ 6,900 \\\text { Indirect labour } & 1,500 \\\text { Direct materials purchased } & 4,500 \\\text { Factory utilities } & 2,200 \\\text { Factory amortization } & 3,000 \\\text { Factory supervision } & 1,200\end{array}$

$\begin{array}{lll}\text { Inventories: }\\&\text { Ending }&\text { Beginning }\\\text { Direct materials } & \$ 1,500 & \$ 1,800 \\\text { Work in process } & 4,500 & 4,050 \\\text { Finished goods } & 6,000 & 5,250\end{array}$
Assume that total production costs incurred for the month were $15,000. What was the cost of goods sold?

• A) $13,800
• B) $15,300
• C) $19,800
• D) $20,550

Examine the healthcare challenges and reforms proposed and implemented during this period.

Understand the dynamics of political and economic transformation in Eastern Europe post-communism.

Evaluate the response to natural disasters and the role of federal agencies in emergency management.

Understand the factors that influence obedience to authority.

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Definitions:

Sustainability Initiatives

Practices and strategies companies implement to manage and improve the environmental, social, and economic impacts of their operations.

Financial Performance

A measure of a company's profit, revenue, expenses, and cash flow, indicating how well it can generate earnings relative to its revenue, assets, equity, and other aspects of its business.

Risk

Exposure to the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility.

Mutual Coercion

A concept often applied in social sciences referring to the use of regulations or laws to limit behaviors that are harmful to the community.