Franchi Inc

question 156

Multiple Choice

Franchi Inc. has provided the following data for the month of April. 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 $5,000. The Corporation 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 manufacturing overhead applied during the month in those accounts.
The cost of goods sold for April after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

• A)$214,380
• B)$213,430
• C)$205,330
• D)$204,380

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Definitions:

Value

The importance, worth, or usefulness of something, often influencing decisions and behavior.

Work Outcomes

The results or consequences of work performance, including productivity, job satisfaction, and turnover rates among employees.

Flexible Working Hours

An arrangement that allows employees to vary their start and finish times, often to accommodate personal needs or preferences.

Sense of Purpose

A personal belief or aim that gives someone motivation and direction in life.