Dydell Inc

question 140

Multiple Choice

Dydell Inc.has provided the following data for the month of December.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 overapplied by $7,000.

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 December after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

• A)$27,498
• B)$30,220
• C)$30,282
• D)$27,560

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Definitions:

Alcohols

Organic compounds containing a hydroxyl (-OH) group attached to a saturated carbon atom, and are widely used in industry and chemistry.

Reaction

A reaction in chemistry refers to the process in which substances, known as reactants, undergo chemical transformation to produce new substances, known as products.

Organic Product

A compound containing carbon atoms that results from an organic reaction.

Structure

Structure refers to the arrangement of atoms or molecules in a substance, determining its properties and function.