Dodridge Corporation Has Provided the Following Data for February

question 138

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 cost of goods manufactured for February was:

• A) $156,000
• B) $146,000
• C) $151,000
• D) $161,000

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Definitions:

Non-myelinated Neurons

Neurons without a myelin sheath, resulting in slower transmission of nerve impulses as compared to myelinated neurons.

Glial Cells

Cells that remove dead neurons and waste products from the nervous system, nourish and insulate neurons, form myelin, and play a role in neural transmission of messages.

Myelin

A fatty substance that encases and insulates axons, facilitating transmission of neural impulses.

Prefrontal Cortex

The part of the brain associated with decision-making, social behavior, and personality.