Haight Company Incurred Direct Materials Costs of $2500000 During the Year

question 59

Multiple Choice

Haight Company incurred direct materials costs of $2500000 during the year. Manu-facturing overhead applied was $450000 and is applied at the rate of 60% of direct labor costs. Haight Company's total manufacturing costs for the year was

• A) $3700000.
• B) $3220000.
• C) $2950000.
• D) $4720000.

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Definitions:

Effective

Producing a decided, decisive, or desired effect.

Legitimate Power

A form of authority based on formal position or role within an organization or society, recognized and accepted by others as rightful.

Reactivity

The tendency of a person or system to react to stimuli or changes in the environment.

Self-management

The ability to regulate one's own emotions, thoughts, and behaviors effectively in different situations.