Peyton Manufacturing Has the Following Data

question 28

Multiple Choice

Peyton Manufacturing has the following data:

-
If direct materials used during the year were $135,000, what was cost of goods manufactured?

• A) $140,500.
• B) $539,000.
• C) $409,500.
• D) $544,500.
• E) None of the answers is correct.

---

Definitions:

Belgium

A country in Western Europe known for its medieval towns, Renaissance architecture, and as the headquarters of the European Union and NATO.

Opportunity Cost

The value of the next best alternative foregone as the result of making a decision.

Autarky

A situation or policy whereby a country or economy is self-sufficient and does not engage in international trade.

Netherlands

The Netherlands is a country in Northwestern Europe known for its flat landscape, extensive canal systems, cycling routes, and tulip fields.