Figure 2-13 Inventory Balances for the James Enterprises in February

question 60

Multiple Choice

Figure 2-13 Inventory balances for the James Enterprises in February 2011 are as follows:
During February, purchases of direct materials were $36,000.Direct labor and factory overhead costs were $60,000 and $84,000, respectively.
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Refer to Figure 2-13.What is the cost of materials used in production?

• A) $ 36,000
• B) $ 47,800
• C) $ 54,000
• D) $ 42,000

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Definitions:

Basilar Membrane

A structure in the cochlea of the inner ear that plays a key role in the sense of hearing by vibrating in response to sound.

Hair Cells

Sensory cells located in the inner ear that convert sound vibrations into electrical signals that the brain can interpret.

Slight Time Difference

A minimal discrepancy in timing between two events, often used in the context of auditory or sensory processing to detect direction or distance.

Direction

Guidance or supervision of action or conduct; the course along which something moves or is aimed to move or along which it lies.