At the Beginning of 2012, Conway Manufacturing Company Had the Following

question 110

Multiple Choice

At the beginning of 2012, Conway Manufacturing Company had the following account balances: During the year, the following transactions took place:
Remaining balance of Manufacturing overhead cleared to zero
After recording all these transactions, the ending balance in the Finished goods account is a:

• A)credit of $52,000.
• B)debit of $60,000.
• C)credit of $432,000.
• D)debit of $68,000.

---

Definitions:

Sphincter

A circular muscle constricting an opening.

Origin

The beginning or source of anything; of muscles, the anchor.

Diaphragm

A muscular and membranous partition separating the abdominal and thoracic cavities, involved in the breathing process as it contracts and relaxes.

Adduction

The movement of a limb or other part of the body toward the midline of the body or towards another part of the body.