Given the Following Data for Mehring Company Compute (A) Total

question 90

Short Answer

Given the following data for Mehring Company compute (A) total manufacturing costs and (B) cost of goods manufactured: $\begin{array} { l r l r } \text { Direct materials used } & \$ 230,000 & \text { Beginning work in process } & \$ 30,000 \\ \text { Direct labor } & 150,000 & \text { Ending work in process } & 15,000 \\ \text { Manufacturing overhead } & 255,000 & \text { Beginning finished goods } & 38,000 \\ \text { Operating expenses } & 263,000 & \text { Ending finished goods } & 23,000 \end{array}$
$\begin{array}{lll} & {(\mathrm{A})}& (\mathrm{B}) \\\text { a. } & \$ 620,000 & \$ 650,000 \\\text { b. } & \$ 635,000 & \$ 620,000 \\\text { c. } & \$ 635,000 & \$ 650,000 \\\text { d. } & \$ 650,000 & \$ 665,000\end{array}$

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Definitions:

Indoctrination

The method of educating an individual or a collective to unquestioningly adopt a specific set of convictions.

Double Standard

The application of different sets of principles for similar situations, or to different people, in a way that is unfair or unethical.

Channeling

The practice of directing or guiding anything through a medium or pathway, such as thoughts, energies, or resources.

Scrutinizing

Examining or inspecting closely and thoroughly.