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:

Parasympathetic

The part of the autonomic nervous system that conserves energy as it slows the heart rate, increases intestinal and gland activity, and relaxes sphincter muscles.

Cortex

The Cortex is the outermost layer of the brain's cerebrum, involved in higher brain functions such as thought, memory, and decision making.

Amygdala

is an almond-shaped part of the brain involved in processing emotions, such as fear and pleasure, and forming emotional memories.

Medulla

An area of the brainstem that controls vital functions such as heart rate and breathing.