Jared Beverage Corporation Uses a Process Costing System to Collect

question 346

Multiple Choice

Jared Beverage Corporation uses a process costing system to collect costs related to the production of its celery flavored cola. The cola is first processed in a Mixing Department and is then transferred out and finished up in the Bottling Department. The finished cases of cola are then transferred to Finished Goods Inventory. The following information relates to the company's two departments for the month of January: How many cases of cola were completed and transferred to Finished Goods Inventory during January?

• A) 70,000
• B) 63,000
• C) 58,000
• D) 77,000

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Definitions:

Motivational Process

The series of steps whereby personal desires incite an individual to take action towards goals.

Rewards Or Punishments

Consequences used to influence behavior, with rewards intended to reinforce desired behavior and punishments to discourage undesired behavior.

Work Effort

The amount of physical or mental energy put into a job or task to achieve a certain output or performance level.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed.