Reed Production Has Provided the Following Information for the Year

question 39

Multiple Choice

Reed Production has provided the following information for the year 2015: $$\begin{array} { | l | r | } \hline \text { Direct Labor } & \$ 153,000 \\\hline \text { Beginning Work-in-Process Inventory } & 62,500 \\\hline \text { Direct Materials Used } & 271,000 \\\hline \text { Ending Work-in-Process Inventory } & 53,850 \\\hline \text { Manufacturing Overhead } & 135,500 \\\hline\end{array}$$ During the year, Reed produced 71,020 units of product. Calculate the unit product cost.

• A) $8.00
• B) $10.00
• C) $9.52
• D) $7.88

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Definitions:

Achievement Oriented

A focus on setting challenging goals and working towards them with determination and confidence.

Hersey-Blanchard

The creators of the Situational Leadership Model, which proposes that effective leadership style varies according to the maturity of team members.

Situational Leadership Model

This model suggests that there is no single "best" style of leadership; effective leadership varies with the individual or group being led and the task, job, or project at hand.

High-task

Pertaining to tasks or jobs that are highly demanding in terms of skills, effort, and time commitment, often requiring high levels of concentration and expertise.