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Niglio Inc

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Niglio 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. Niglio 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 underapplied by $10,000. The company allocates any underapplied or overapplied 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 overhead for the month is closest to: A)  $56,950 B)  $51,750 C)  $51,691 D)  $57,009
Manufacturing overhead for the month was underapplied by $10,000.
The company allocates any underapplied or overapplied 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 overhead for the month is closest to:


Definitions:

Unique Selling Points

Distinctive features or benefits that set a product, service, or brand apart from its competitors.

User Frame

The perspective or lens through which a user views and interprets a product, service, or experience, influenced by individual preferences and backgrounds.

Identifying Competitors

The process of analyzing other businesses that offer similar products or services and compete for the same customer base or market share.

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