Archetype Fabrication Makes Pre-Stressed Concrete Forms for the Building Industry

question 113

Multiple Choice

Archetype Fabrication makes pre-stressed concrete forms for the building industry. They use just-in-time production and accounting methodology. At the beginning of January, selected account balances are shown in the T-accounts below. During January, the following 5 transactions take place:
Use the T-accounts shown above to record the transactions, and then answer the following question:
After transaction number 4, what was the balance in the Finished goods inventory account?

• A)$28,600
• B)$18,600
• C)$23,400
• D)$26,900

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Definitions:

Response Generalization

The process by which a response applied to one stimulus becomes associated or elicited by other, similar stimuli.

Neurofeedback

Form of biofeedback using brain-scanning devices to provide feedback about brain activity in an effort to modify behavior.

Brain Wave Activity

The patterns of electrical activity in the brain, measurable by electroencephalogram (EEG), which reflect different states of consciousness.

Biofeedback

Using feedback about biological conditions to bring involuntary responses, such as blood pressure and relaxation, under voluntary control.