Vegas Company Has the Following Unit Costs -
Vegas Produced and Sold 10,000 Units

question 78

Multiple Choice

Vegas Company has the following unit costs:
$\begin{array}{llr} \text { Variable manufacturing overhead } &\$25\\ \text { Direct materials } &20\\ \text { Direct labor} &19\\ \text { Fixed manufacturing overhead} &12\\\text { Fixed marketing and administrative }&7\end{array}$

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Vegas produced and sold 10,000 units. If the product sells for $100, what is the operating profit using a contribution margin income statement?

• A) $170,000
• B) $240,000
• C) $290,000
• D) $360,000

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Definitions:

Identity Crisis

Psychological distress experienced by an individual who is uncertain about their role in society or their personal identity.

Role Confusion

A situation where an individual is unsure about their social position, duties, or identity, often occurring during adolescence as part of identity formation.

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Mental Process

Operations of the mind, such as thinking, remembering, and perceiving, that enable understanding and interaction with the world.