Answer the Following Questions Using the Information Below:
Jane Industries $\quad \$ 19,200$

question 5

Multiple Choice

Answer the following questions using the information below:
Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,000 models. During the month, the company completed 11,000 models, and transferred them to the Distribution Department. The company ended the month with 1,500 models in ending inventory. There were 2,500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. The FIFO method of process costing is being followed. Beginning work in process was 25% complete as to conversion costs, while ending work in process was 50% complete as to conversion costs.
Beginning inventory:
Direct materials costs $\quad \$ 19,200$
Conversion costs $\quad \quad \$ 10,800$
Manufacturing costs added auring the œcounting period:
Direct materials costs $\quad \$ 70,000$
Conversion costs $\quad \quad \$ 240,000$
-What is the amount of direct materials cost assigned to ending work-in-process inventory at the end of October?

• A) $22,727
• B) $17,202
• C) $7,720
• D) $10,500

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Definitions:

Marketing Technologies

Technologies and software tools that assist in optimizing marketing processes, personalizing customer experiences, and analyzing marketing performance data.

Marketing Spending

The total expenditure on marketing activities, including advertising, promotions, public relations, and direct marketing, aimed at generating sales and brand awareness.

Marketing ROA

Return on Advertising Spend, a measure used to evaluate the effectiveness of a marketing campaign by comparing the revenue generated by the advertising to the cost of the advertising itself.

Marketing ROI

Stands for Return on Investment in marketing, which measures the profitability of marketing efforts by comparing the revenue generated to the costs of marketing activities.