Tyare Corporation Had the Following Inventory Balances at the Beginning

question 33

Multiple Choice

Tyare Corporation had the following inventory balances at the beginning and end of May: During May, $61,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15 per hour. A total of 350 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $7,300 of direct materials cost. The Corporation incurred $42,750 of actual manufacturing overhead cost during the month and applied $41,100 in manufacturing overhead cost.The amount of direct labor cost in the May 30 Work in Process inventory was:

• A) $4,260
• B) $5,325
• C) $4,975
• D) $9,585

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Definitions:

Soapsuds Enema

A solution of soap in water used to stimulate bowel movement by direct rectal infusion.

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A portable toilet, often placed near a bed, to assist individuals who have difficulty reaching or using a standard bathroom.

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Cecum

The beginning section of the large intestine into which the ileum of the small intestine empties its contents.