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

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Definitions:

Reaction

The response or change in behavior that occurs as a result of an external stimulus or situation.

Corporate Philanthropy

The act of a corporation or business promoting the welfare of others, typically through charitable donations of funds or time.

Corporate Social Responsibility Strategies

Policies and practices implemented by companies to act ethically and contribute positively to societal well-being, environmental sustainability, and economic prosperity.

Social Responsibility Strategy

A plan adopted by a business to engage in practices that have positive effects on the society and environment.