Kirgan, Inc

question 280

Multiple Choice

Kirgan, Inc., manufactures a product with the following costs: The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based on budgeted production and sales of 57,000 units per year.The company has invested $140,000 in this product and expects a return on investment of 13%.The selling price based on the absorption costing approach would be closest to:

• A) $77.42
• B) $99.65
• C) $77.10
• D) $61.13

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Definitions:

Rehearsal

A cognitive process involving the repetition of information to maintain it in short-term memory or to encode it for long-term memory.

Overregularization

A language development phenomenon where children apply regular grammatical rules too widely, resulting in errors like "goed" instead of "went."

Whole-Object Assumption

The assumption that words refer to whole objects and not to their component parts or characteristics.

Respiratory Distress Syndrome

A cluster of breathing problems, including weak and irregular breathing, to which preterm babies are particularly prone.