Use the Following Information to Answer the Following Questions

question 46

Multiple Choice

Use the following information to answer the following Questions
Favaz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manufacturing costs, $60,000; variable selling and administrative costs per unit, $2; and fixed selling and administrative costs, $220,000. The company sells its units for $45 each. Additional data follow.


-The income (loss) under absorption costing is:

• A) $(7,500).
• B) $9,000.
• C) $15,000.
• D) $18,000.
• E) None of the answers is correct.

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Definitions:

Mosquito Nets

Fabric barriers designed to prevent mosquitoes from accessing an area, typically used over sleeping areas to prevent mosquito bites.

Risk Assessment

A systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking.

Hazards

Potentially dangerous situations or materials that can cause harm or damage to people, property, or the environment.

Decision Makers

Individuals or groups who have the authority to make choices that influence outcomes in a variety of contexts, such as organizational or governmental settings.