Skalla Inc

question 11

Multiple Choice

Skalla Inc.uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month.In May the company completed job R71G that consisted of 14,000 units of one of the company's standard products.No other jobs were in process during the month.The job cost sheet for job R71G shows that the job's total cost was $722,400.During the month,the actual manufacturing overhead cost incurred was $247,380 and the manufacturing overhead cost applied was $263,200.And during the month,5,000 completed units from job R71G were sold.No other products were sold during the month.The unadjusted cost of goods sold (in other words,the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for May is closest to:

• A)$684,600
• B)$252,350
• C)$258,000
• D)$722,400

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Definitions:

Arranged Marriage

A marital union where the bride and groom are selected by individuals other than the couple themselves, often by family members.

Empty Love

A type of love characterized by commitment without intimacy or passion, often found in long-term relationships that have lost their spark.

Triangular Theory

Often referred to in the context of love, this theory posits that love comprises three components: intimacy, passion, and commitment.

Liking

A positive feeling toward something or someone, often based on appreciation or enjoyment.