Use the Following Information for the Next 4 Questions

question 101

Multiple Choice

Use the following information for the next 4 questions.
Baylor, Inc. just finished its second year of operations. In the first year it produced 1,000 units and sold 400. The second year resulted in the same production level, but sales were 1,200 units. The variable costing income statements for both years are shown below:
-The ending inventory for year 2 using absorption costing would be

• A) $51,000
• B) $34,000
• C) $22,000
• D) $17,000

---

Definitions:

Government Agency

An entity established by a government to perform a specific function or set of functions, often focusing on public administration, regulation, or the provision of services.

Government in the Sunshine Act

A 1976 U.S. law aimed at ensuring that meetings of government agencies are conducted in public, promoting transparency and accountability.

Transparency

The practice of making actions, decisions, or processes openly accessible and understandable to others, fostering accountability.

Open Forums

Public places or services where people can express and exchange ideas freely, often subject to government protection in terms of free speech rights.