Dacosta Corporation Had Only One Job in Process on May

question 4

Multiple Choice

Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,500 of direct materials, $6,966 of direct labor, and $10,132 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $19.80 per direct labor-hour.During May, the following activity was recorded: Work in process inventory on May 30 contains $3,867 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.The balance in the raw materials inventory account on May 30 was:

• A) $7,900
• B) $1,300
• C) $29,500
• D) $30,800

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Definitions:

Cookies

Small files stored on a user's computer by websites to remember user preferences and activity.

Specialization Of Labor

Focusing work effort on a particular product or a single task.

Cardiology

The medical specialty concerned with the diagnosis and treatment of disorders of the heart and circulatory system.

Orthopedic Surgery

A branch of surgery concerned with conditions involving the musculoskeletal system, including injuries and diseases of bones, joints, ligaments, tendons, muscles, and nerves.