A Company's Operating Income Was $70,000 Using Variable Costing for a Given

question 53

Multiple Choice

A company's operating income was $70,000 using variable costing for a given period.Beginning and ending inventories for that period were 45,000 units and 50,000 units, respectively.Ignoring income taxes, if the fixed factory overhead application rate was $8.00 per unit, what would operating income have been using full costing?

• A)$30,000.
• B)$140,000.
• C)$110,000.
• D)$100,000.
• E)Cannot be determined from the information given.

Analyze the influence of group size on conformity and decision-making.

Grasp the differences between compliance, conversion, and anticonformity in social situations.

Recognize the impact of minority influence on group decisions.

Understand the role of personality and gender in conformity behaviors.

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Definitions:

Auxin

A class of plant hormones that plays a crucial role in coordinating growth and behavioral processes in a plant’s life cycle, including cell elongation and the orientation of plant growth in response to light.

Hypertension

A chronic medical condition where the blood pressure in the arteries is persistently elevated.

Kuna

An indigenous people living in Panama and Colombia, known for their rich culture, which includes the crafting of the vibrant mola, a traditional textile art.

Medicinal Effects

The therapeutic impacts or benefits of substances, particularly drugs or herbal remedies, on health or disease conditions.