Fire Cat,Inc What Is the Total of Manufacturing Costs Incurred by Fire

question 110

Multiple Choice

Fire Cat,Inc.selected cost data for the year are shown below: $$\begin{array} { | l | r | } \hline \text { Cost of Goods Manufactured } & \$ 145,500 \\\hline \text { Work-in-Process Inventory, Jan. 1 } & 19,500 \\\hline \text { Work-in-Process Inventory, Dec. 31 } & 22,000 \\\hline \text { Direct Materials Used } & 18,600 \\\hline\end{array}$$ What is the total of manufacturing costs incurred by Fire Cat,Inc.during the year?

• A) $148,000
• B) $143,000
• C) $22,900
• D) $38,100

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Definitions:

Deskilling Thesis

The argument that technology and organizational changes reduce the need for skilled labor.

Harry Braverman

A Marxist labor process theorist best known for his work on the degradation of work in the twentieth century, particularly in his book "Labor and Monopoly Capital."

Unclassified Employee

A worker without a fixed category or rank within an organizational structure, often not covered by standard labor protections or classifications.

The Precariat

Is a growing class of people for whom availability of work is uncertain and who earn low wages.