Use the Following to Answer Questions

question 91

Multiple Choice

Use the following to answer questions
Dodd Corporation used $90,000 of direct material, $112,000 of direct labor, and applied $104,000 of manufacturing overhead during July. Its beginning and ending work-in-process and finished goods inventories were as follows:

-The standard cost for direct labor is $190,000 if the company produces 15,200 units of product.Actual direct labor cost to produce 15,800 units of product totaled $213,300.What is the standard cost for direct labor at the actual level of production:

• A)$190,000
• B)$197,500
• C)$205,200
• D)$213,300

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Definitions:

Synchronization

The coordination of events to operate a system in unison, ensuring processes are aligned in time for optimized efficiency.

Effective Decision Making

The ability to choose the best course of action among various alternatives based on sound judgement and data analysis.

Digitized Supply Chains

Supply chains that utilize digital technology to enhance visibility, efficiency, and collaboration across all stakeholders.

Efficiency Gains

Improvements that result in increased productivity and effectiveness with less wasted effort or expense.