The Work in Process Inventory Account of a Manufacturing Company

question 102

Multiple Choice

The Work in Process Inventory account of a manufacturing company has a $3,200 debit balance.The company applies overhead using direct labor cost.The cost sheet of the only job still in process shows direct material cost of $1,400 and direct labor cost of $800.Therefore,the amount of applied overhead is:

• A)$1,800.
• B)$2,200.
• C)$1,000.
• D)$800.
• E)$2,400.

Analyze the principles behind the First and Second New Deals and evaluate the effectiveness of their respective programs.

Identify the factors contributing to American isolationism and neutrality during the 1930s and the legislative expressions of these attitudes.

Distinguish between the initial and evolving stances of the U.S. government regarding European conflicts pre-WWII.

Examine the various oppositions to the New Deal and understand their ideological foundations.

---

Definitions:

Presidential Veto

The power of the President to refuse to sign a bill passed by Congress, thereby preventing it from becoming law unless overridden by a two-thirds vote in both houses.

Congress

The national legislative body of a country, particularly in the United States, it's made up of two houses: the Senate and the House of Representatives.

Two-Thirds Vote

A voting requirement used in various legislative bodies, where two-thirds of the voting members must agree on a proposal for it to pass.

Seventeenth Amendment

An amendment to the U.S. Constitution ratified in 1913 that established the direct election of U.S. Senators by popular vote, replacing their selection by state legislatures.