Use the Following Data to Determine the Cost of Goods

question 174

Multiple Choice

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

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

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Definitions:

Impact

The strong effect or influence that one thing has on another.

Human Communication

The process of making sense out of the world and sharing that sense with others by creating meaning through the use of verbal and nonverbal messages.

Encoded Communication

The translation of information or ideas into a specific format or code for transmission to a recipient.

Task Dimension

A form of content dimension in the workplace; leaders, including managers, supervisors, or those who take charge, communicate content messages to accomplish certain tasks.