Atlas IncManufactures Television Sets

question 198

Multiple Choice

Atlas Inc.manufactures television sets.Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000, and selling and administrative costs totaled $396,000.The company manufactured 8,400 television sets during the month.Assume that there were no beginning or ending work in process balances.What was the total product cost for last month?

• A) $1,925,000
• B) $2,110,000
• C) $1,300,000
• D) $1,250,000

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Definitions:

Ethical Issues

Matters or situations that require a choice between right and wrong actions, often guided by moral principles.

OB Mod

A behavior management approach used in organizational behavior that involves applying reinforcement strategies to improve employee performance.

Externally Administered Rewards

Incentives or rewards given to employees or individuals by an external entity, such as clients or professional bodies, as recognition for their achievements or performance.

Punishment

A consequence applied with the intent of reducing an undesirable behavior.