Use the Following Information for the Next 4 Questions

question 9

Multiple Choice

Use the following information for the next 4 questions.
Bella, Inc. has operated for 2 years. During that time it produced 1,000 units in year 1 and 800 in year 2, while sales were 800 units in year 1 and 900 in year 2. Variable production costs were $8 per unit during both years. The company uses last-in, first-out (LIFO) for inventory costing. The absorption costing income statements for these 2 years were:
-Operating income for year 1 using variable costing would be

• A) $1,600
• B) $(2,800)
• C) $2,200
• D) $400

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Definitions:

Social Roles

The expected behavior patterns associated with a particular status or position within a group or society.

Catastrophic Expectations

The tendency to exaggerate the potential consequences of an event, often leading to significant anxiety or avoidance behaviors.

Organismic Needs

Organismic Needs refer to the basic physical and psychological needs of an organism, essential for growth and development, as proposed in various psychological theories.

Pseudosocial Self

A fabricated version of oneself projected to others, often to meet societal expectations or gain acceptance, which can lead to internal conflict and a sense of inauthenticity.