Benjamin Corporation Is a Shipping Container Refurbishment Company That Measures

question 85

Multiple Choice

Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.The amount shown for revenue in the planning budget for March would have been closest to:

• A) $126,000
• B) $140,400
• C) $142,435
• D) $124,200

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Definitions:

Follow Up

The action of keeping in touch or checking in after an initial meeting, conversation, or task to ensure completion or to continue communication.

Punishment

The imposition of a penalty or sanction on someone as a result of their wrong behavior or misconduct.

Ethics Competency

Refers to the ability to understand, evaluate, and apply ethical principles and standards to decision-making in the workplace.

Insider Trading

Insider trading involves buying or selling a security by someone who has access to material, nonpublic information about the security.