Greer Company Developed the Following Data for the Current Year

question 34

Multiple Choice

Greer Company developed the following data for the current year: $\begin{array}{ll}\text { Beginning work in process inventory } & \$ 102,000 \\\text { Direct materials used } & 156,000 \\\text { Actual overhead } & 132,000 \\\text { Overhead applied } & 138,000 \\\text { Cost of goods manufactured } & 675,000 \\\text { Total manufacturing costs } & 642,000\end{array}$
- How much is Greer Company's ending work in process inventory for the year?

• A)$69,000
• B)$363,000
• C)$63,000
• D)$279,000

---

Definitions:

Authoritative

A parenting style characterized by high expectations of maturity and communication from the parent to the child, combined with warmth and support.

Warmth

The quality of being kindly, genial, and showing a sincere interest in the comfort or well-being of others.

Demands

Refers to the requirements or needs that individuals or systems have, which may require fulfillment or response.

Authoritarian

Characterizes a leadership or governmental style that demands strict obedience from its citizens or followers without allowing personal freedom.