Daane Company Had Only One Job in Process on May

question 151

Multiple Choice

Daane Company had only one job in process on May 1. The job had been charged with $1,000 of direct materials, $3,302 of direct labor, and $5,382 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.70 per direct labor-hour.
During May, the following activity was recorded:

Work in process inventory on May 30 contains $2,921 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.
-The cost of goods manufactured for May was:

• A)$78,500
• B)$78,100
• C)$77,150
• D)$74,822

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Definitions:

Drainage Pattern

The arrangement of channels formed by the flow of water across the landscape, influenced by factors such as underlying rock types, topography, and climate.

Erosion Resistance

The ability of material or landform to withstand wear and transport by natural forces such as wind or water.

Fractures

Breaks in rocks along which there has been no significant movement parallel to the surfaces of the fracture.

Drainage Pattern

The arrangement of channels in an area, shaped by the landscape's topography and underlying geology.