Alvardo Inc

question 135

Essay

Alvardo 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 $6,000.

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.

Required:

Determine the cost of work in process,finished goods,and cost of goods sold AFTER allocation of the underapplied or overapplied manufacturing overhead for the period.

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Definitions:

Discrimination

The unfair or biased treatment of various groups, particularly based on their race, age, gender, or disabilities.

Extinction

In psychology, extinction refers to the gradual weakening and eventual disappearance of a conditioned response when the reinforcement is no longer provided.

Operant Conditioning

A behavior modification technique where the degree of an act is regulated via reinforcement or disciplinary measures.

Biological Constraints

Limitations on learning and adaptation that are rooted in an organism's biological characteristics.