Columbia Corporation Produces a Single Product

question 37

Multiple Choice

Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: During November, 35,000 units were manufactured and 8,000 units were in beginning inventory. Variable production costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months.The value of the company's inventory on November 30 under absorption costing would be:

• A) $54,000
• B) $66,000
• C) $78,000
• D) $81,000

---

Definitions:

Anxious

Characterized by feelings of worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Cultural Intelligence

The ability to relate to and work effectively across cultures.

Cultural Differences

Variations in the norms, values, beliefs, and practices among people from different backgrounds or societies.

Learning Opportunities

Situations or experiences from which knowledge or skills can be acquired.