Schoening Corporation Is a Shipping Container Refurbishment Company That Measures

question 213

Multiple Choice

Schoening Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for January. When the company prepared its planning budget at the beginning of January, it assumed that 40 containers would have been refurbished. However, 38 containers were actually refurbished during January.
The amount shown for revenue in the planning budget for January would have been closest to:

• A) $158,600
• B) $166,947
• C) $164,000
• D) $155,800

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Definitions:

Twin Compounds

Innovative materials or tires that use two distinct rubber compounds to offer a balance between grip, durability, and performance.

Main Section

The principal or most important part or segment of a document, machine, or area.

All-Wheel Drive (AWD)

A term used to describe a vehicle drive configuration used to drive more than one axle in pickup trucks and automobiles but usually describes a three-axle drive system in heavy-duty trucks.

Four Axle Truck

A heavy-duty truck configuration featuring four sets of axles, increasing load capacity and distribution.