Weatherhead Incorporated Has Provided the Following Data for the Month

question 235

Multiple Choice

Weatherhead Incorporated has provided the following data for the month of March. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Manufacturing overhead for the month was overapplied by $4,000.
The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.
The work in process inventory at the end of March after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: (Round intermediate percentage computations to the nearest whole percent.)

• A) $19,821
• B) $20,339
• C) $20,410
• D) $19,750

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Definitions:

Program Evaluation

The systematic assessment of the processes and outcomes of a program to determine its effectiveness and guide decisions about future programming.

Review Technique

A method or procedure used to evaluate and assess something systematically.

Scheduling Tool

A software application or system used to plan, allocate, and manage tasks and resources over time, enhancing organizational efficiency.

Idea Generation

The creative process of generating, developing, and communicating new ideas to solve problems or exploit opportunities, often in a collaborative setting.