The Goods in Process Inventory Account for XYZ Inc

question 145

Multiple Choice

The Goods in Process Inventory Account for XYZ Inc.follows: If the overhead is applied at the rate of 80% of direct labor cost, what is the amount of Cost of Goods Manufactured?

• A)$19,800
• B)$56,825
• C)$61,775
• D)$51,365
• E)$37,025

---

Definitions:

Contaminated Dressings

Dressings that have come into contact with pathogens or environmental contaminants, posing a risk of infection when used in wound care.

Home Health

Care provided in a patient's home including medical, nursing, or therapeutic treatments.

Plastic Bag

A flexible container made of thin, plastic film used for containing and transporting goods such as foods, produce, powders, ice, magazines, chemicals, and waste.

Standard Precautions

Basic infection control practices used in healthcare settings to prevent the transmission of infectious diseases.