The Adlake Company Makes and Sells a Single Product and Uses

question 140

Multiple Choice

The Adlake Company makes and sells a single product and uses a standard cost system.During October,the company budgeted $300,000 in fixed manufacturing overhead cost at a denominator activity of 20,000 machine-hours.At standard,each unit of finished product requires 5 machine-hours.The following cost and activity were recorded during October: The amount of fixed overhead cost that the company applied to work in process for October was:

• A) $279,300.
• B) $285,000.
• C) $291,330.
• D) $294,000.

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Definitions:

Ethnocentrism

The act of evaluating other cultures according to preconceptions originating in the standards and customs of one's own culture.

Screened Out

The process of eliminating candidates or options that do not meet certain criteria or standards.

Unemployed

The status of a person who is able and willing to work but is currently without a job.

Secondary Dimension

Refers to aspects of a person's identity that are less visible and more fluid, such as educational background, marital status, parental status, military experience, religious beliefs, and geographic location.