During 2013, Tanner Manufacturing Expected Job No

question 99

Multiple Choice

During 2013, 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 $280,000, $550,000 in materials used, and $210,000 in labor.All of the goods were completed.What amount was transferred to Finished Goods?

• A)$1,000,000
• B)$1,040,000
• C)$1,060,000
• D)$1,075,000

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Definitions:

Curare

A poison used on arrows and darts for hunting and warfare, derived from various South American plants, which causes paralysis by blocking neuromuscular transmission.

Aversion Therapy

A behavioral therapy technique that involves pairing an unwanted behavior with discomfort to create a negative association.

Antagonist Drug

A type of medication that blocks or dampens the action of neurotransmitters in the brain, often used in the treatment of various psychiatric disorders.

Addictive Drug

A substance that leads to addiction by causing psychological or physical dependence, often altering the brain's chemistry to create a need for regular use.