Use the Following Information for Items

question 16

Multiple Choice

Use the following information for items
Obama Company sells its product for $25 per unit.During 2020, it produced 20,000 units and sold 15,000 units (there was no beginning inventory) .Costs per unit are: direct materials $5, direct labour $4, and variable overhead $3.Fixed costs are: $300,000 manufacturing overhead, and $50,000 selling and administrative expenses.
-Cost of goods sold under absorption costing is

• A)$180,000.
• B)$405,000.
• C)$442,500.
• D)$540,000.

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Definitions:

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Exposure

A therapeutic technique where individuals confront their fears or anxieties in a controlled, gradual manner to decrease sensitivity and reactive behaviors over time.

Extinction

In psychology, the gradual decrease and eventual elimination of a conditioned response when the reinforcement is no longer provided.

Anxiety Hierarchy

is a list of situations that cause anxiety, ranked from least to most anxiety-provoking, used in exposure therapy.