A Company Has the Following Information for Its First Month

question 22

Multiple Choice

A company has the following information for its first month of operations: $\begin{array}{lr}\text { Raw material s used } & \$ 25,000 \\\text { Sales } \$ 65 \text { per unit) } & \$ 78,000 \\\text { Direct } 1 \text { abor } & \$ 42,000 \\\text { Variable factory overhead } & \$ 17,000 \\\text { Fixed factory overhead } & \text { unknown }\\\text { Variable selling and administrative } & \$ 3,000 \\\text { Fixed selling and administrative } & \$ 5,000 \\\text { Gross profit } & \$ 20,000 \\\text { Contribution margin } & \text { unknown }\end{array}$ The company sold half of the units it produced._____ is the cost of goods sold under absorption costing.

• A)$30,000
• B)$78,000
• C)$58,000
• D)$42,000

---

Definitions:

Charisma

A compelling attractiveness or charm that can inspire devotion in others, often seen as a leadership quality.

Mood Contagion

The phenomenon where an individual's mood can spread to others in their environment.

Affects Behavior

Influences or changes the way individuals act or conduct themselves.

Transmit Moods

The process by which individuals' emotional states are communicated and can influence the feelings and attitudes of those around them.