The Following Information Was Obtained from Fizz Company

question 86

Multiple Choice

The following information was obtained from Fizz Company:
• Advertising costs: $9,900
• Indirect labor: $11,000
• CEO's salary: $49,000
• Direct Labor: $41,000
• Indirect materials: $7,900
• Direct materials: $61,000
• Factory utilities: $700
• Factory janitorial costs: $2,300
• Manufacturing equipment depreciation: $2,100
• Delivery vehicle depreciation: $1,100
• Administrative wages and salaries: $21,000
How much were Fizz's inventoriable product costs?

• A) $126,000
• B) $104,100
• C) $127,100
• D) $115,000

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Definitions:

Symbolic Function

Piaget’s term for ability to use mental representations (words, numbers, or images) to which a child has attached meaning.

Pretend Play

A form of play among children where they use their imagination to create scenarios, roles, and activities.

Object Permanence

Piaget’s term for the understanding that a person or object still exists when out of sight.

Centration

In Piaget’s theory, the tendency of preoperational children to focus on one aspect of a situation and neglect others.