Fisher,Inc

question 21

Multiple Choice

Fisher,Inc.recently lost a portion of its records in an office fire.The following information was salvaged from the accounting records.
Direct labor cost incurred during the period amounted to 1.5 times the factory overhead.The CFO of Fisher,Inc.has asked you to recalculate the following accounts and to report to him by the end of the day.
What is the amount in the finished goods inventory at December 31,2010?

• A)$10,500.
• B)$15,000.
• C)$23,000.
• D)$25,000. $25,000 = ($58,000 + $17,000)- $50,000 = $25,000

---

Definitions:

Moral Development

The pathway through which individuals acquire suitable dispositions and practices in relation to others in their community, influenced by the norms, rules, and laws of social and cultural contexts.

Kohlberg's Level

Part of Kohlberg's stages of moral development which outlines the progression of moral reasoning through predefined developmental stages.

Birth Defects

Abnormalities present at birth that can cause physical or intellectual disability.

Teratogens

Agents or factors that can cause congenital anomalies or developmental abnormalities in a developing fetus when the mother is exposed during pregnancy.