Examlex

Solved

Tremble Corporation Manufactures and Sells One Product

question 193

Multiple Choice

Tremble Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Tremble Corporation manufactures and sells one product. The following information pertains to the company's first year of operations:   The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit.Assume that the company uses an absorption costing system that assigns $11 of direct labor cost and $75 of fixed manufacturing overhead to each unit that is produced. The unit product cost under this costing system is: A)  $94 per unit B)  $180 per unit C)  $105 per unit D)  $210 per unit The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit.Assume that the company uses an absorption costing system that assigns $11 of direct labor cost and $75 of fixed manufacturing overhead to each unit that is produced. The unit product cost under this costing system is:


Definitions:

Total Institutions

Are settings in which people are isolated from the larger society and under the strict control and constant supervision of a specialized staff.

Institutional Settings

Environments or contexts defined by established organizations or structured systems where specific rules, practices, and cultures are maintained.

Authoritarian Communities

Societies or groups that are governed by leaders who exercise absolute control, often limiting personal freedoms.

Generalized Other

A concept in sociology referring to the general notion that a person has of the common expectations that others have about actions and thoughts within a particular society.

Related Questions