Use the Following Data to Determine the Cost of Goods

question 125

Multiple Choice

Use the following data to determine the cost of goods manufactured: $$\begin{array} { l | c } \text { Beginning finished goods inventory } & \$ 10,800 \\\hline \text { Direct labor } & 30,600 \\\hline \text { Beginning work in process inventory } & 7,200 \\\hline \text { General and administrative expenses } & 13,500 \\\hline \text { Direct materials used } & 40,500 \\\hline \text { Ending work in process inventory } & 9,000 \\\hline \text { Indirect labor } & 6,300 \\\hline \text { Ending finithed goods inventory } & 9,500 \\\hline \text { Indirect materials } & 13,500 \\\hline \text { Depreciation -factory equipment } & 7,500\end{array}$$

• A) $100,200.
• B) $96,600.
• C) $113,700.
• D) $102,000.
• E) $110,100.

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Definitions:

Physically Aggressive

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Serotonin

A neurotransmitter in the brain that plays a key role in stabilizing mood, feelings of well-being, and happiness.

Dopamine

A neurotransmitter involved in several important functions, including movement, motivation, reward, and the regulation of mood and attention.

Norepinepherine

A neurotransmitter and hormone involved in the body's response to stress, increasing heart rate, and blood pressure, also influential in mood regulation.