When Preparing a Cost of Goods Manufactured Statement from the Following

question 19

Short Answer

When preparing a Cost of Goods Manufactured Statement from the following information the total cost of goods manufactured is: $\begin{array}{lc}\text { Direct materials } & \$ 8 \\\text { Advertising expenses } & 3 \\\text { Indirect labour } & 1 \\\text { Indirect materials } & 5 \\\text { Direct labour } & 2 \\\text { Other manufacturing overhead } & 4\end{array}$

a.$ 23
b. $ 20
c. $ 17
d. $ 16

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Definitions:

Fungi

A kingdom of spore-producing organisms feeding on organic matter, including molds, yeast, mushrooms, and toadstools, distinct from the green plants, animals, bacteria, and some algae.

Parasitic Consumers

Organisms that feed on other living organisms, deriving nutrients at the host's expense.

Trophic Levels

The positions that organisms occupy in a food chain, which are determined by the number of energy-transfer steps to that level.

Energy Transfer

The movement of energy from one part of an ecosystem to another, typically through the process of eating and being eaten.