ABC Company Uses a Materials Inventory Account to Record Both

question 96

Multiple Choice

ABC Company uses a Materials Inventory account to record both direct and indirect materials.During the month of April,the company has the following cost information:
The ending materials inventory cost is:

• A)$110,000
• B)$40,000
• C)$90,000
• D)$20,000
• E)$50,000

---

Definitions:

Content Validity

The extent to which a test or measurement accurately represents all aspects of the concept it is intended to measure.

Driver's License

is an official document permitting a specific individual to operate one or more types of motorized vehicles on public roads.

Road Test

An examination to test a person's ability to drive a vehicle, which typically includes maneuvers and obedience to traffic laws under the supervision of an examiner.

Academic Aptitude Test

Standardized tests designed to measure a student's readiness for academic pursuits and potential for success in educational settings.