Valley Water Slides Makes Custom Water Slides for Hotels -Refer to the Figure

question 34

Multiple Choice

Valley Water Slides makes custom water slides for hotels. On September 1, three jobs were in process: Jobs 812, 813, and 814. Two more jobs, Jobs 815 and 816, were started during September. By September 30, Jobs 812, 814, and 816 were finished. The following data were collected:
Overhead is applied at the rate of 120% of direct labour cost. Jobs are sold at cost plus 60%. Selling and administrative expenses for September totalled $2,950. By September 30, Jobs 812 were 816 are sold, but the customer who ordered Job 814 cancelled the order so the slide is still in the warehouse. $\begin{array}{lrrrrr} & \text { Job 812 } & \text { Job 813 } & \text { Job 814 } & \text { Job 815 } & \text { Job 816 } \\9 / 1 \mathrm{Bal} \text { ance } & \$ 615 & \$ 830 & \$ 945 & \ldots & \ldots\\\text { Direct Materials } & 750 & 235 & 1,280 & \$ 200 & \$ 915 \\\text { Direct Labour } & 420 & 115 & 560 & 320 & 875\end{array}$
-Refer to the Figure.Suppose the beginning balance of finished goods was $0.What is the ending balance of finished goods?

• A)$2,785.00
• B)$3,457.00
• C)$5,531.20
• D)$8,206.40

Appreciate the importance of statistical analyses in interpreting research findings.

Understand the basic concepts of indifference curves and how they represent consumer preferences.

Interpret the effects of income and substitution on consumer choice and demand.

Analyze how changes in prices affect consumer's optimal consumption bundles.

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Definitions:

Regenerated

describes something that has been restored or replenished, often relating to natural processes or materials that have been recycled or renewed.

Phagocytosis

The process by which cells engulf and digest foreign particles or microorganisms, an essential part of the immune system.

Pinocytosis

The process whereby a cell engulfs large amounts of liquid.

Active Transport

The movement of molecules across a cell membrane from a region of lower concentration to one of higher concentration, requiring energy.