Feliz Company Provided the Following Information Regarding Its One and Only

question 124

Multiple Choice

Feliz Company provided the following information regarding its one and only product -skateboards. $$\begin{array} { l l } \text { Direct materials used } & \$ 200,000 \\\text { Direct labor } & 80,000 \\\text { Fixed overhead } & 100,000 \\\text { Fixed s elling and administrative costs } & 150,000 \\\text { Variable overhead } & 20,000 \\\text { Variable selling and administrative } & 60,000 \\\text { Selling unit price } & 75 \\\text { Units produced and sold } & 10,000\end{array}$$ is the contribution margin if the contribution approach is used.

• A) $450,000
• B) $390,000
• C) $350,000
• D) $470,000

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Definitions:

Problem-focused Coping

A strategy aimed at directly confronting or managing a problem to alleviate stress or conflict.

Stress

The body's response to any demand or challenge, which can be triggered by both positive and negative experiences and can affect mental and physical health.

Lost Job

The experience of being terminated or laid off from one's employment, which can have significant financial and emotional impacts.

Work-retraining Program

Programs designed to teach individuals new skills or update their existing skills to enhance their employability in the current job market.