Given the Following Data for Harder Company, Compute Cost of Goods

question 114

Multiple Choice

Given the following data for Harder Company, compute cost of goods manufactured: $\begin{array}{lrlr}\text { Direct materials used } & \$ 120,000 & \text { Beginning work in process } & \$ 20,000 \\\text { Direct labor } & 200,000 & \text { Ending work in process } & 10,000 \\\text { Manufacturing overhead } & 150,000 & \text { Beginning finished goods } & 25,000 \\\text { Operating expenses } & 175,000 & \text { Ending finished goods } & 15,000\end{array}$

• A)$460,000
• B)$470,000
• C)$480,000
• D)$490,000

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Definitions:

Social Category

Groupings of individuals based on shared characteristics or social identity, such as race, gender, or age.

Situational Attribution

Situational attribution is the process of attributing an individual's behavior to external factors or circumstances rather than to their internal characteristics or dispositions.

Consensus Cues

Attribution cues that reflect how a person’s behaviour compares with that of others.

Prototype

An initial model or sample of a product used to test a concept or process before final production.