Laflin Company Reported the Following Year-End Information Laflin Company's Cost of Goods Manufactured for the Year Is

question 54

Multiple Choice

Laflin Company reported the following year-end information: $$\begin{array} { l r } \text { Beginning work in process inventory } & \$ 1,080,000 \\\text { Beginning raw materials inventory } & 300,000 \\\text { Ending work in process inventory } & 900,000 \\\text { Ending raw materials inventory } & 480,000 \\\text { Raw materials purchased } & 960,000 \\\text { Direct labor } & 900,000 \\\text { Manufacturing overhead } & 720,000\end{array}$$ Laflin Company's cost of goods manufactured for the year is

• A) $2400000.
• B) $2580000.
• C) $2220000.
• D) $2760000.

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Definitions:

Protons

Positively charged subatomic particles found within the nucleus of an atom, contributing to the atom's overall positive charge and mass.

Hydrogen Bonding

A type of weak chemical bond formed when a hydrogen atom that is bonded to a highly electronegative atom like oxygen or nitrogen experiences attraction to another electronegative atom.

Molecules

Groups of two or more atoms held together by chemical bonds, constituting the smallest identifiable unit of a compound that retains its composition and chemical properties.

Different Molecules

Distinct entities consisting of two or more atoms bonded together, each with its own chemical and physical properties.