Physical Units Accounted for Are 160000

question 54

Multiple Choice

Physical units accounted for are 160000. Total conversion costs are $387100. There are 4000 units in ending inventory which are 50% complete as to conversion costs. How much is the conversion cost per unit?

• A) $2.45.
• B) $2.42.
• C) $2.39.
• D) $2.36.

Explain the concept of strategic contingencies and their role in organizational dynamics.

Understand the developmental stages and significant milestones in adolescence.

Identify and describe the physical, social, and moral developmental processes during adolescence.

Understand the concept and examples of rites of passage in different cultures.

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Definitions:

Net Income

This is the total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.

Variable Expenses

Costs that change in proportion to the level of activity or production volume.

Fixed Expenses

Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, and insurance.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its revenues, highlighting the impact of fixed costs on profitability.