Dodridge Corporation Has Provided the Following Data for February

question 44

Multiple Choice

Dodridge Corporation has provided the following data for February. The beginning balance in the raw materials inventory account was $23,000. During the month, the company made raw materials purchases amounting to $59,000. At the end of the month, the balance in the raw materials inventory account was $33,000. Direct labor cost was $28,000 and manufacturing overhead was $74,000. The beginning balance in the work in process account was $12,000 and the ending balance was $17,000. The beginning balance in the finished goods account was $48,000 and the ending balance was $54,000.
-The total manufacturing cost for February was:

• A) $74,000
• B) $151,000
• C) $102,000
• D) $161,000

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Definitions:

Mania

A mental state characterized by extremely elevated mood, energy, unusual thought patterns, and sometimes psychosis.

Delusional Schemes

Intricate beliefs or plans based on false judgments or interpretations, typically seen in psychiatric conditions.

Speak Rapidly

The act of talking quickly, which can be a symptom of nervousness, excitement, or conditions like mania.

Flight of Ideas

A rapid and continuous shifting of ideas and thoughts, often seen in manic episodes of bipolar disorder.