Tierney Construction,Inc

question 81

Multiple Choice

Tierney Construction,Inc.recently lost a portion of its financial records in an office theft.The following accounting information remained in the office files:
Direct labor cost incurred during the period amounted to 2.5 times the factory overhead.The CFO of Tierney Construction,Inc.has asked you to recalculate the following accounts and to report to him by the end of tomorrow.
What should be the amount of direct materials used?

• A)$15,000.
• B)$29,000.
• C)$20,000.
• D)$24,000. $24,000 = $18,500 + X + $50,000 + $20,000 - $14,500 = $98,000;Where $50,000 = (2.5 x Overhead)= 2.5 x $20,000;X = 24,000

---

Definitions:

Potential Participants

Individuals who meet the criteria to be included in a research study and have the possibility of being chosen to participate.

Confidentiality

Researchers generally promise participants that their responses will not be disclosed to others.

Identity Concealed

To hide or mask one's true personal identity for various reasons.

Participants' Right

The entitlements and protections afforded to individuals taking part in research, ensuring their welfare and ethical treatment.