Zinger Corporation Had the Following Information Available for March of the Current

question 131

Multiple Choice

Zinger Corporation had the following information available for March of the current year: The factory overhead rate is 150% of direct labour costs.Job cost sheets had the following balances:
$\begin{array}{lr}\text { Work in process, March 1 } & \$ 20,000 \\\text { Materials placed into production, March } & 27,500 \\\text { Direct labour, March } & 37,500\end{array}$ Jobs Z3 and Z4 were not completed at the end of March.What is the balance in work in process for Zinger at the end of March?
$$\begin{array} { r r } \text { Job Z1 } & \$ 32,500 \\\text { Job Z2 } & 55,000 \\\text { Job Z3 } & 35,000 \\\text { Job Z4 } & 18,750\end{array}$$

• A)$53,750
• B)$56,250
• C)$85,000
• D)$87,500

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Definitions:

Memory

The cognitive process by which information is encoded, stored, and retrieved when needed.

Vision

The sense or ability to perceive light and distinguish objects and forms based on their visual properties.

Hearing

The sensory process by which sound is perceived through the ear, involving the detection of sound waves and their transmission to the brain.

Hearing Loss

A partial or total inability to hear sound in one or both ears.