Simpson Company Applies Overhead on the Basis of 200% of Direct

question 168

Multiple Choice

Simpson Company applies overhead on the basis of 200% of direct labor cost. Job No. 305 is charged with $180000 of direct materials costs and $200000 of manufacturing overhead. The total manufacturing costs for Job No. 305 is:

• A) $380000
• B) $480000
• C) $560000
• D) $580000

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Definitions:

Gambling Addiction

A compulsive need to continue gambling despite harmful negative consequences or a desire to stop, classified as a behavioral addiction.

World Health Organization

An international agency of the United Nations, established in 1948, responsible for promoting health, safety, and well-being worldwide.

Sociocultural Approach

An approach in psychology that examines how social interactions and culture influence behavior and cognitive processes.

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, or behaviors that cause significant distress or impairment in functioning.