Henning Inc

question 112

Multiple Choice

Henning Inc.uses a job-order costing system in which any underapplied or overapplied overhead is closed out to cost of goods sold at the end of the month.The company has provided the following data for June:
-The cost of goods manufactured for June is closest to:

• A)$131,000
• B)$120,000
• C)$134,000
• D)$123,000

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Definitions:

Cognitive Maturity

The level at which an individual's thinking processes have developed, including the ability to reason, understand complex ideas, and learn from experience.

Anticipates Consequences

The act of foreseeing or predicting the outcomes or results of a particular action or decision.

Manager

An individual responsible for controlling or administering an organization or group of staff.

Efficient

The quality of achieving maximum productivity with minimum wasted effort or expense.