Timmy Makes $100 Per Week Working in Retail

question 39

Multiple Choice

Timmy makes $100 per week working in retail. He spends all this income to buy pizza and hair gel. The price of a pizza is $10 and the price of a bottle of hair gel is $4. If Timmy buys 6 pizzas per week, how many bottles of gel can he purchase?

• A) 60
• B) 40
• C) 20
• D) 10
• E) None of the above answers is correct.

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Definitions:

Equivalent Units

A concept used in process costing that converts partially completed goods into a number of completed units, facilitating the calculation of unit costs.

Direct Labor

The labor costs directly associated with the production of goods or provision of services in a company.