Vital Industries Manufactured 2400 Units of Its Product Huge in the Month

question 136

Multiple Choice

Vital Industries manufactured 2400 units of its product Huge in the month of April. It incurred a total cost of $132,000 during the month. Out of this $132,000, $45,700 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. Ryan had no opening or closing inventory. What will be the total cost per unit of the product, assuming conversion costs contained $10,000 of indirect labor?

• A) $55
• B) $50
• C) $39
• D) $35

Recognize the current state of AI and its goal of mimicking or surpassing human intelligence.

Grasp the practical applications of intelligent agents in performing automated tasks.

Understand the key characteristics and benefits of cloud computing.

Recognize the historical evolution of Information Technology (IT) infrastructure in organizations.

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Definitions:

Specific Figures

Precise data or statistics that are cited to support a claim or argument within a context.

Central Ideas

Core concepts or underlying messages in a text, presentation, or discussion that are crucial to understanding the overall theme or purpose.

Renaissance Art

A period in European history, lasting from the 14th to the 17th century, that is characterized by a revival of interest in the classical learning and values of ancient Greece and Rome, notably in the arts.

Printing Press

A mechanical device developed in the 15th century that allowed for mass production of printed materials, significantly impacting information dissemination and literacy rates.