A Company Has the Following Information for Its First Month

question 120

Multiple Choice

A company has the following information for its first month of operations: $\begin{array}{ll}\text { Raw materials used } & \$ 25,000 \\\text { Sales (\$65 per unit) } & \$ 78,000 \\\text { Directlabor } &\$ 42,000\\\text { Variable factory overhead }&\$17,000\\\text { Fixed factory overheadunknown Variable sellingand }\\\text { administrative }&\$3,000\\\text { Fixed sellingand administrative }&\$5,000\\\text { Gross profit }&\$30,000\\\text { Contributionmargin }&\text { unknown }\\\end{array}$

Ending inventories:
Raw materials $\$ 7,000$
WIP none
Finishedgoods $\quad$$\quad$ 1,200 units were produced during the period.

• A) 2,400 units
• B) 0 units
• C) 3.600 units
• D) 1,200 units

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Definitions:

Conceptual Model

A representation of a system that outlines the key components and interactions to guide understanding or research.

Adaptive System

A system designed to adjust its operational modes to meet specific requirements or to cope with changes in its environment.

Self-Care Theory

A framework that emphasizes the importance of individuals taking responsibility for their own health and well-being through regular maintenance and monitoring.

Postoperative Unit

A specialized hospital area designated for the care and recovery of patients following surgical procedures.