Octagonal Company Has the Following Information for 2018 There Were No Beginning Inventories

question 135

Multiple Choice

Octagonal Company has the following information for 2018: $\begin{array}{lr}\text { Selling price } & \$ 150 \text { per unit } \\\text { Variable production costs } & \$ 40 \text { per unit produced } \\\text { Variable selling and admin. expenses } & \$ 16 \text { per unit sold } \\\text { Fixed production costs } & \$ 200,000 \\\text { Fixed selling and admin. expenses } & \$ 140,000 \\\text { Units produced } & 10,000 \text { units } \\\text { Units sold } & 8,000 \text { units }\end{array}$ There were no beginning inventories. What is the cost of ending inventory for Octagonal using the variable costing method?

• A)$80,000
• B)$180,000
• C)$120,000
• D)$300,000

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Definitions:

Impaired Swallowing

Difficulty in the act of swallowing, potentially leading to risks of aspiration or nutritional deficiencies.

Impaired Physical Mobility

A reduction in the ability to move one's body freely and independently, which can impact daily activities and quality of life.

Judgmental

Characterized by or involving the use of judgment, especially critical or harsh judgment about someone or something based on personal opinions or standards.

Legally Questionable

Actions or situations that are uncertain or dubious in terms of their legality, potentially violating laws or regulations.