Tokless Inc

question 76

Multiple Choice

Tokless Inc. planned and manufactured 400,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $50 per unit of production. Planned and fixed manufacturing costs were $800,000. Marketing and administrative costs (all fixed) were $600,000 in 2019. Tokless Inc. sold 195,000 units of product in 2019 at $65 per unit.

Variable costing operating income for 2019 is calculated to be:

• A) $1,525,000.
• B) $1,850,000.
• C) $1,935,000.
• D) $2,260,000.
• E) $2,750,000.

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Definitions:

Oxytocin

A hormone that plays roles in social bonding, sexual reproduction, childbirth, and the period after childbirth.

Nursing

The profession or practice of providing care for the sick and infirm.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured for diagnosis since it is closely related to the force and rate of the heartbeat and the diameter and elasticity of the arterial walls.

Antidiuretic Hormone

A hormone secreted by the posterior pituitary gland that conserves water in the body by reducing urine output and increasing water absorption in the kidneys.