A Company Has the Following Information for Its First Month

question 140

Multiple Choice

A company has the following information for its first month of operations: $$\begin{array} { l r } \text { Raw materials used } & \$ 25,000 \\\text { Sales } \$ 65 \text { per unit) } & \$ 78,000 \\\text { Direct labor } & \$ 42,000 \\\text { Variable factory overhead } & \$ 17,000 \\\text { Fixed factory overhead } & \text { unknown } \\\text { Variable selling and administrative } & \$ 3,000 \\\text { Fixed selling and administrative } & \$ 5,000 \\\text { Gross profit } & \$ 30,000 \\\text { Contribution margin } & \text { unknown } \\\\\text { Ending inventories: }\\\\\text { Raw materials } & \$ 7,000 \\\text { WIP } & \text { none } \\\text { Finished goods } & 1,200 \text { units }\end{array}$$ The ending inventory under variable costing is_____.

• A)$48,000
• B)$84,000
• C)$42,000
• D)$96,000

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Definitions:

Brand Mentions

Occurrences where a brand is referenced or talked about on various platforms, including social and traditional media.

Social Media Monitoring

The process of using tools and techniques to observe, analyze, and respond to mentions and trends on social media platforms relevant to a brand or topic.

Systematically Searches

The process of methodically exploring databases, websites, or digital repositories to find specific information.

Blogs, Social Networks

Online platforms that enable users to share content, interact, and form communities around similar interests. Blogs are typically websites with regular entries, while social networks connect individuals.