Dantley's Furniture Manufactures Rustic Furniture

question 147

Multiple Choice

Dantley's Furniture manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $190 per table, consisting of 80% variable costs and 20% fixed costs. The company has surplus capacity available. It is Back Forrest's policy to add a 45% markup to full costs. Dantley's Furniture is invited to bid on a one-time-only special order to supply 180 rustic tables. What is the lowest price Dantley's Furniture should bid on this special order?

• A) $22,230
• B) $27,360
• C) $34,200
• D) $42,750

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Definitions:

U.S. Senate

One of the two chambers of the United States Congress, comprising 100 senators who represent the 50 states, with each state having two senators regardless of population.

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Officials in political parties whose primary purpose is to ensure party discipline, keeping members in line with the party's policies and voting as the party leadership desires.

Leaders' Wishes

The desires or intentions of individuals in positions of leadership, often guiding decision-making and strategic directions.

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A legislative maneuver where the President indirectly vetoes a bill by refusing to sign it into law within ten days, and Congress adjourns during this period.