For Work Done During June,Prints Company Incurred Direct Materials Costs

question 24

Multiple Choice

For work done during June,Prints Company incurred direct materials costs of $150,000 and conversion costs of $225,000.The company employs a traditional operating philosophy.At the end of August,it was determined that the Work in Process Inventory account had been assigned $2,000 of costs,and the ending balance of the Finished Goods Inventory account was $5,000.There were no beginning inventory balances.
-Using the information provided for Prints Company,how much was cost of goods manufactured during June?

• A)$375,000
• B)$373,000
• C)$370,000
• D)$377,000

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Definitions:

Displacement

The transfer of emotions or reactions from the original source of stimulation to another target.

Severe Punishment

A type of disciplinary action that is much harsher or stricter than usual, intended to deter undesirable behaviors strongly.

Intrarole Conflict

The stress or tension experienced by an individual due to conflicting requirements within the same role.

Conflicting Messages

Situations where communication contains inconsistent or contradictory information, leading to confusion and misunderstanding.