Neon Company Manufactures Widgets

question 54

Multiple Choice

Neon Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Using absorption costing, what is gross profit for last month?

• A)$233,200
• B)$143,000
• C)$104,800
• D)$52,800

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Definitions:

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.

Agreeableness

A personality trait characterized by qualities such as being kind, sympathetic, cooperative, warm, and considerate towards others.

Emotional Stability

A psychological trait that denotes a person's ability to remain calm and composed, showing resilience in the face of stress or adversity.

Adolescence

The phase of growth both in body and mind that typically happens from puberty until one reaches the age of majority.