O'Malley Company Sells 100000 Units for $13 a Unit

question 203

Multiple Choice

O'Malley Company sells 100000 units for $13 a unit. Fixed costs are $350000 and net income is $250000. What should be reported as variable expenses in the CVP income statement?

• A) $600000.
• B) $700000.
• C) $950000.
• D) $1050000.

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Definitions:

Motivational Use

The application of techniques or strategies to inspire and encourage individuals or groups towards achieving specific goals.

Recognition

The acknowledgment and appreciation of an individual’s or group's achievements, often used as a motivational tool in various settings.

Praise

Expressing approval or admiration for someone's achievements or qualities, often used as a motivational tool.

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A professional who works with executives and high-potential employees to help them gain self-awareness, clarify goals, achieve their development objectives, and act as a sounding board.