Figure 5 - 8 Griswold Corporation Is a Job Order

question 92

Multiple Choice

Figure 5 - 8 Griswold Corporation is a job order costing company that uses activity-based costing to apply overhead to jobs.The following overhead activities were budgeted for the year.
The following information about the jobs was given for September.
By September 30, Jobs 102 and 103 were completed and sold.The remaining jobs were still in process.
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Refer to Figure 5-8.What is the cost of goods manufactured?

• A) $ 144,400
• B) $ 215,670
• C) $ 178,340
• D) $ 249,610

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Definitions:

International Conglomerate

A large corporation that operates in various industries and is composed of companies located in multiple countries.

Foreign Corporation

A business entity that is registered in a country or jurisdiction different from where it primarily conducts its operations.

Supervisory Board

A group elected to oversee the management of an organization and make significant decisions on its behalf.

Corporate Structure

The organizational framework of a company, detailing the roles, responsibilities, and hierarchy within the organization.