Barney Corporation Has Gathered the Following Information for the Year

question 159

Multiple Choice

Barney Corporation has gathered the following information for the year ended December 31, 20X0: $\begin{array}{ll}\text { Sales } & \$ 38,400 \\\text { Direct materials used } & 8,340 \\\text { Direct lab or } & 5,040\\\text { Fixed: }\\\text { Factory overhead } & 2,480 \\\text { Selling expens es } & 840 \\\text { A dministrative expenses } & 1,720\\\text { Variable: }\\\text { Factory overhead } & 12,470 \\\text { Selling expens es } & 1,580 \\\text { Administrative expenses } & 1,230\end{array}$ There were no beginning or ending inventories. The total prime costs are:

• A) $13,380
• B) $5,040
• C) $14,950
• D) $12,470

---

Definitions:

Actor-Observer Effect

A cognitive bias in which people attribute their own actions to external factors while attributing others’ actions to their personal traits or dispositions.

Individuation

The development of an individual's sense of self and distinct identity through psychological, emotional, and spiritual growth.

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Attitude-Discrepant Behavior

Behavior inconsistent with an attitude that may have the effect of modifying an attitude.