Answer the Following Questions Using the Information Below

question 40

Multiple Choice

Answer the following questions using the information below:
Shamokin Manufacturing produces a Tourbillon watch movement called OM362. Shamokin expects to sell 10,000 units of OM362 and to have an ending finished inventory of 2,000 units. Currently, it has a beginning finished inventory of 800 units. Each unit of OM362 requires two labor operations, one labor hour of assembling and two labor hours of polishing. The direct labor rate for assembling is $10 per assembling hour and the direct labor rate for polishing is $12.50 per polishing hour.
-The expected cost of direct labor for OM362 is ________.

• A) $350,000
• B) $378,000
• C) $392,000
• D) $420,000

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Definitions:

Renaissance

A cultural movement that spanned the period roughly from the 14th to the 17th century, beginning in Italy in the Late Middle Ages and later spreading to the rest of Europe.

Scientific Revolution

A period of dramatic change in thought and belief, closely associated with the 16th and 17th centuries, which led to the emergence of modern science through the rejection of medieval scientific philosophies.

Multiculturalism

The doctrine that several different cultures (rather than one national culture) can coexist peacefully and equitably in a single country.

Cultural Relativism

Is the belief that all cultures have equal value.