Management of Lewallen Corporation Has Asked Your Help as an Intern

question 44

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 conversion cost for September was:

• A)$114,000
• B)$131,000
• C)$171,000
• D)$103,000

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Definitions:

Gonads

The reproductive organs: namely, in women the ovaries, and in men the testes.

Thymosin

A hormone that promotes the production of certain lymphocytes.

T Cells

A type of white blood cell that plays a central role in the body's immune response by attacking infected or cancerous cells.

Thymus

A gland that lies between the lungs. It secretes a hormone called thymosin.