Management of Lewallen Corporation Has Asked Your Help as an Intern

question 119

Multiple Choice

Management of Lewallen Corporation has asked your help as an intern in preparing some key reports for September. Direct materials cost was $57,000, direct labor cost was $43,000, and manufacturing overhead was $71,000. Selling expense was $15,000 and administrative expense was $32,000. The prime cost for September was:

• A)$114,000
• B)$100,000
• C)$103,000
• D)$47,000

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Definitions:

Category

A general concept that classifies items, concepts, or ideas that share common characteristics.

Depersonalisation

The perception and treatment of self and others not as unique individual persons but as prototypical embodiments of a social group.

Ingroup Prototype

The most representative or ideal example of the characteristics and behaviors of an ingroup, serving as a standard or model for group members.

Outgroup Prototype

refers to the generalized, often simplified, perceptions or stereotypes that individuals hold about members of a group to which they do not belong.