Jaquish Inc

question 150

Multiple Choice

Jaquish Inc. has provided the following data for the month of January. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.
Manufacturing overhead for the month was underapplied by $6,000.
The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.
-The finished goods inventory at the end of January after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

• A) $25,720
• B) $27,653
• C) $25,707
• D) $27,640

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Definitions:

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Sociocultural Perspective

A viewpoint that emphasizes the influence of society, culture, and community on individual behavior and mental processes.

Urie Bronfenbrenner

A developmental psychologist known for introducing the ecological systems theory to explain how the inherent qualities of a child and their environment interact to influence development.

Lev Vygotsky

was a Russian psychologist known for his work on cognitive development, particularly the concept of the Zone of Proximal Development and the importance of sociocultural influences.