The Filtering Department Started the Current Month with Beginning Goods

question 39

Multiple Choice

The Filtering Department started the current month with beginning goods in process inventory of $55,000.During the month,it was assigned the following costs: direct materials,$77,000; direct labor,$44,000; and factory overhead,20% of direct material cost.Also,inventory with a cost of $66,000 was transferred out of the department to the next phase in the process.The ending balance of the Goods in Process Inventory account for the Filtering Department is:

• A) $66,000
• B) $110,000
• C) $132,000
• D) $125,400
• E) $191,400

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Definitions:

Online Reviews

Written evaluations or ratings posted by consumers on digital platforms about their experiences with products or services.

Consumer Decision Making

The process by which individuals search for, select, purchase, use, and dispose of goods and services, influenced by psychological and social factors.

Checking for Deals

The act of searching or inquiring about discounts, offers, or promotional sales to save money on purchases.

Alternative Evaluation

The phase in the consumer decision-making process where options are assessed and compared before a purchase decision.