Laflin Company Reported the Following Year-End Information Laflin Company's Cost of Goods Manufactured for the Year Is

question 99

Multiple Choice

Laflin Company reported the following year-end information: $\begin{array}{lr}\text { Beginning work in process inventory } & \$ 1,080,000 \\\text { Beginning raw materials inventory } & 300,000 \\\text { Ending work in process inventory } & 900,000 \\\text { Ending raw materials inventory } & 480,000 \\\text { Raw materials purchased } & 960,000 \\\text { Direct labor } & 900,000 \\\text { Manufacturing overhead } & 720,000\end{array}$ Laflin Company's cost of goods manufactured for the year is

• A)$2400000.
• B)$2580000.
• C)$2220000.
• D)$2760000.

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Definitions:

Electric Shock

A sudden discharge of electricity through a part of the body, potentially causing injury or neurological effects.

McClelland's Need

A motivational theory that identifies three primary needs driving human behavior: need for achievement, need for affiliation, and need for power.

Maslow's Needs

A hierarchy developed by Abraham Maslow that categorizes human needs into five levels, from basic physiological needs to self-actualization, influencing motivation and behavior.

Affiliation

is a connection or association with a group or organization, often based on shared interests or objectives.