Denherder Inc

question 89

Multiple Choice

Denherder Inc. has provided the following data for the month of November. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Manufacturing overhead for the month was underapplied by $5,000.
The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

-The finished goods inventory at the end of November after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

• A)$50,840
• B)$50,848
• C)$52,632
• D)$52,640

Recognize patterns and correlations in datasets across various fields.

Differentiate between associative properties such as positive, negative, and no association.

Understand different bases of power within an organization and how they can be increased.

Identify and develop political skills for organizational influence.

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Definitions:

Fixed Input

An input in the production process that cannot be changed in the short term, such as buildings or land.

Long-Run Adjustment

A process in which firms adjust their inputs and outputs to achieve the optimal level of production and efficiency over an extended period.

Farmer

An individual engaged in the activity of agriculture, aiming to produce crops and raise livestock for consumption or sale.