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:

Bottom-Up Processing

A cognitive process that starts with raw sensory data and builds up to higher-level perception and understanding.

Locke

John Locke was an English philosopher and physician, widely regarded as one of the most influential Enlightenment thinkers and commonly known as the "Father of Liberalism."

Kant

Immanuel Kant, an influential philosopher in the history of Western philosophy, known for his work in epistemology, ethics, and aesthetics.

Gibson

A surname potentially referencing James Gibson, a psychologist known for his work on the ecological approach to visual perception.