Dasilva Company Had Only One Job in Process on May

question 162

Multiple Choice

Dasilva Company had only one job in process on May 1. The job had been charged with $1,400 of direct materials, $6,192 of direct labor, and $5,712 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $11.90 per direct labor-hour. During May, the following activity was recorded: Work in process inventory on May 30 contains $4,773 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) $98,920
• B) $92,688
• C) $120,800
• D) $97,310

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Definitions:

Hydroelectric

The production of electricity by converting the energy of flowing water into power, typically via dams.

Power Generation

The process of producing electricity from various energy sources such as fossil fuels, nuclear power, or renewable resources.

Nonrenewable Natural Resources

Natural resources, such as oil or coal, that cannot be replenished within a human lifetime, leading to depletion with use.

Natural Capital

The world's stock of natural resources, which includes geology, soils, air, water, and all living organisms, providing ecosystem services that benefit humans.