Use the Following Information for Questions

question 107

Multiple Choice

Use the following information for questions
Nielson Corp. sells its product for $6,600 per unit. Variable costs per unit are: manufacturing, $3,600, and selling and administrative, $75. Fixed costs are: $18,000 manufacturing overhead, and $24,000 selling and administrative. There was no beginning inventory at 1/1/15. Production was 20 units per year in 2018-2020. Sales were 20 units in 2018, 16 units in 2019, and 24 units in 2020.
-Income under absorption costing for 2019 is

• A) $4,800.
• B) $8,400.
• C) $9,600.
• D) $13,200.

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Definitions:

Fundamentalists

Individuals or groups with strict adherence to the basic principles of any subject or discipline, often in a religious context.

Scriptures Literally

The interpretation of religious texts in a way that takes the words in their most basic sense, without metaphor or allegory.

Direct Personal Relationship

A close and immediate connection between individuals, characterized by direct communication or personal interaction.

Religiosity Indicator

A measure or sign used to assess the degree of religious fervor, belief, or involvement of an individual or group.