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Lynch company manufactures amd sells a Lasagna Corporation reported the following data for the month of January: Raw materials Work in process Finished goods Beginning

Lynch company manufactures amd sells a
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Lasagna Corporation reported the following data for the month of January: Raw materials Work in process Finished goods Beginning Balance Ending Balance $12,300 $20,450 $24,800 $16,320 $31,610 $42,060 Additional information: Raw material purchases (all materials are direct) $38,000 Direct labor cost $25,000 Actual manufacturing overhead cost $46,800 Applied manufacturing overhead cost $50,200 What is the cost of goods manufactured for January closest to What is the adjusted cost of goods sold for January closest to The journal entry to record the sale of goods to customers with a cost of $10,000 is: Cost of Goods Sold 10,000 . Finished Goods 10,000 Cost of Goods Sold 10,000 OB. Work in Process 10,000 Finished Goods 10,000 C. Cost of Goods Sold 10,000 10,000 Work in Process D. Cost of Goods Sold 10,000 Which of the following is correct concerning reactions to DECREASES in activity? Total Variable Cost Variable Cost Per Unit (A) Decreases Increases (B) Constant Decreases Constant (C) Increases (D) Decreases Constant Choice A OA OB. Choice B C. Choice C D. Choice D Pilates Company had ending work in process inventory of $24,000 in its last processing department. During the month, 8291,000 of costs were started in production and units costing $265,000 were completed and transferred to finished goods. In the cost reconciliation report for the month, the total "cost accounted for" would be: OA $289,000 $315,000 B $241,000 CD $267,000 Salaries for assembly workers in the factory would be classified as a: manufacturing overhead cost direct labor cost selling cost direct material cost

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