Armada Company Applies Manufacturing Overhead by Using a Predetermined Rate $\begin{array}{lr}\text { Direct material cost } & \$ 72,000 \\\text { Direct labor cost } & 38,000\end{array}$

question 45

Multiple Choice

Armada Company applies manufacturing overhead by using a predetermined rate of 150% of direct labor cost. The data that follow pertain to job no. 831: $\begin{array}{lr}\text { Direct material cost } & \$ 72,000 \\\text { Direct labor cost } & 38,000\end{array}$ If Armada adds a 30% markup on total cost to generate a profit, which of the following choices depicts a portion of the accounting needed to record the credit sale of job no. 831?

• A) Choice A
• B) Choice B
• C) Choice C
• D) Choice D
• E) Choice E

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Definitions:

Organizational Stories

Narratives shared among members of an organization that encapsulate its values, history, and culture, serving to communicate norms and inspire employees.

Organizational Culture

refers to the shared values, beliefs, ethics, and practices that characterize an organization and guide its members.

Artifact

Objects, tools, or other tangible items created by humans, often used to understand culture, history, or technology.

Organizational Culture

The shared values, beliefs, and practices that shape how work is done within an organization.