ProTech Began Business at the Start of the Current Year

question 12

Multiple Choice

ProTech began business at the start of the current year. The company planned to produce 40,000 units, and actual production conformed to expectations. Sales totaled 37,000 units at $42 each. Costs incurred were:

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If there were no variances, the company's absorption-costing income would be:

• A) $155,000.
• B) $230,000.
• C) $240,500.
• D) $592,000.
• E) None of the answers is correct.

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Definitions:

Improvement

The process of making something better or more effective through changes or adjustments.

Delegate Routine

The practice of assigning regular and repetitive tasks to subordinates or team members.

Time Management

The process of planning and exercising control over the amount of time spent on specific activities, aimed at increasing efficiency and productivity.

Preserve Time

The practice of managing and allocating time effectively to ensure the conservation of time resources for high-priority tasks.