Writer One Inc Variable Costing Operating Income for 2019 Is Calculated to Be

question 49

Multiple Choice

Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2018 and 2019 was 8,000 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: $\begin{array}{lcc} & 2018 & 2019 \\\text { Units sold } & 6,500 & 9,000 \\\text { Units produced } & 8,000 & 8,000\\\text { Costs: }\\\text { Variable factory overhead per unit } & \$ 0.20 & \$ 0.20 \\\text { Fixed factory overhead } & \$ 1,200& \$ 1,200 \\\text { Variable marketing per unit } & \$ 0.30& \$ 0.30 \\\text { Fixed Selling and Administrative } & \$ 320& \$ 320\end{array}$ Variable costing operating income for 2019 is calculated to be:

• A) $149.
• B) $430.
• C) $655.
• D) $1,030.
• E) $1,180.

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Definitions:

Long-Term Potentiation

An increase in synaptic strength following high-frequency stimulation of a chemical synapse, important for learning and memory.

Synaptic Firing Potential

The likelihood or ability of neurons to transmit an electrical or chemical signal across the synapse to another neuron.

Priming

The psychological phenomenon in which exposure to a stimulus influences the response to a subsequent stimulus, without conscious guidance or intention.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.