Information from the Records of the Conundrum Company for September

question 82

Multiple Choice

Information from the records of the Conundrum Company for September 2018 was as follows: $\begin{array} { l r } \text { Sales } & \$ 307,500 \\ \text { Selling and administrative expenses } & 52,500 \\ \text { Direct materials used } & 66,000 \\ \text { Direct labor } & 75,000 \\ \text { Variable factory overhead } & 50,000 \\ \text { Factory overhead } & 51,250 \end{array}$

Inventories
$\begin{array}{lcc}&\text { Sept. 1,2018}&\text { Sept 30,2018 }\\\hline\text { Direct materials } & \$ 8,000 & \$ 10,500 \\\text { Work in process } & 18,750 & 21,000 \\\text { Finished goods } & 17,250 & 14,250\end{array}$
Conundrum Corporation produced 20,000 units.
What are the total variable costs per unit?

• A)$7.05
• B)$9.55
• C)$2.175
• D)$6.25

Recognize the role of Abraham Maslow's hierarchy of needs in illustrating motivational factors at work.

Understand the classification of different types of activities in the statement of cash flows (operating, investing, financing).

Identify transactions that are considered noncash investing and financing activities and understand their disclosure.

Recognize examples of cash flows from operating activities.

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Definitions:

Small Amounts

Quantities that are less than average or usual, often considered minimal or insignificant in size.

Citizen Review

A process or board which allows members of the community to participate in overseeing and reviewing the actions and operations of local police or other governmental bodies.

Police Misconduct

Improper or illegal actions taken by police officers in connection with their official duties.

Complainants

Individuals who bring forth a complaint or accusation in a legal or formal setting, claiming to have suffered a wrongdoing.