Use the Following to Answer Question

question 131

Multiple Choice

Use the following to answer question:
-(Table: Natasha's Total Utility) Use Table: Natasha's Total Utility.Natasha earns $50,000 per year but faces losing $20,000 of it if she is late with her work.If there is a 25% probability that Natasha will be late with her work and her income will then equal $30,000,her expected income is:

• A)$32,500.
• B)$38,200.
• C)$40,500.
• D)$45,000.

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Definitions:

Total Job Cost

Represents the comprehensive cost associated with a specific job or project, including materials, labor, and overhead expenses.

Job K332

A specific work order or project identifier used to track expenses, progress, and completion within a job costing system.

Manufacturing Overhead

Encompasses all the indirect costs associated with the production process, including utilities, maintenance, and factory equipment depreciation.

Unit Product Costs

The total expense incurred to create a product divided by the number of units produced, encompassing both direct and indirect costs.