Kelita's Kar Kare Kompany Had the Following Cost and Inventory

question 134

Multiple Choice

Kelita's Kar Kare Kompany had the following cost and inventory data for the month: Costs incurred for the month:
Direct labour $6,900
Indirect labour 1,500
Direct materials purchased 4,500
Factory utilities 2,200
Factory amortization 3,000
Factory supervision 1,200
Inventories:
Ending Beginning
Direct materials $1,500 $1,800
Work in process 4,500 4,050
Finished goods 6,000 5,250
What were the direct materials available for the month?

• A)$4,500
• B)$6,000
• C)$6,300
• D)$7,800

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Definitions:

False Assertion

The act of declaring something that is untrue, often with the intention to deceive or mislead.

Unilateral Mistake

An error made by one party in a contract that does not necessarily void the contract unless the other party was aware and took advantage of the mistake.

Undue Influence

A situation where an individual is able to influence another person's decisions due to a relationship of trust, leading to unfair outcomes.

Independent Advice

Professional advice offered by a party with no vested interest in the outcome, ensuring unbiased and impartial guidance.