Tremble Corporation Manufactures and Sells One Product

question 46

Multiple Choice

Tremble Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit.
Assume that the company uses an absorption costing system that assigns $11 of direct labor cost and $75 of fixed manufacturing overhead to each unit that is produced. The net operating income under this costing system is:

• A) $315,000
• B) $1,035,000
• C) $735,000
• D) $691,000

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Definitions:

Three-Component Model

A framework in psychology that analyses an attitude based on three distinct components: cognitive, affective, and behavioral.

Behaviour

The actions or reactions of an object or organism, often in relation to the environment or stimuli.

Implicit Measures

are assessment tools used to uncover attitudes and beliefs that individuals may be unaware of or unwilling to express, typically revealing unconscious biases.

Explicit Measures

Assessment techniques that directly and consciously assess attitudes, beliefs, or knowledge through self-report or overt behaviors.