During 2019, Tanner Manufacturing Expected Job No

question 115

Multiple Choice

During 2019, Tanner Manufacturing expected Job No. 26 to cost $300,000 of overhead, $500,000 of materials, and $200,000 in labor. Tanner applied overhead based on direct labor cost. Actual production required an overhead cost of $290,000, $550,000 in materials used, and $220,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?

• A) $1,000,000
• B) $1,060,000
• C) $1,070,000
• D) $1,100,000

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Definitions:

Health Psychology

A branch of psychology focused on how biological, psychological, and social factors affect health and illness.

Cognitive Neuroscience

The interdisciplinary study of how brain activity is linked with cognition (including perception, thinking, memory, and language).

Allergic Reactions

Immune system responses to a foreign substance that is not typically harmful to the body, ranging from mild symptoms like rashes to severe reactions such as anaphylaxis.

Immune System

The body's defense mechanism against infections, diseases, and foreign substances, comprising various cells, tissues, and organs.