Peaceman Company, Which Has Only One Product, Has Provided the Following

question 35

Multiple Choice

Peaceman Company, which has only one product, has provided the following data concerning its most recent month of operations:
$\begin{array}{|l|r|}\hline \text { Selling price } & \$ 117 \\\hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 4,700 \\\hline \text { Units sold } & 4,400 \\\hline \text { Units in ending inventory } & 300 \\\hline \text { Variable costs per unit: } & \\\hline \text { Direct materials } & \$ 36 \\\hline \text { Direct labour } & \$ 38 \\\hline \text { Variable manufacturing overhead } & \$ 4 \\\hline \text { Variable selling and administrative } & \$ 11 \\\hline \text { Fixed costs: } & \\\hline \text { Fixed manufacturing overhead } & \$ 89,300 \\\hline \text { Fixed selling and administrative } & \$ 26,400 \\\hline\end{array}$

-What was the total gross margin for the month?

• A) $39,600.
• B) $88,000.
• C) $123,200.
• D) $171,600.

---

Definitions:

DSM Diagnosis

The process of identifying a mental disorder based on the criteria outlined in the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification system used by healthcare professionals.

Psychological Disorders

Psychological disorders are mental health conditions characterized by disruptions in thought, emotion, or behavior, leading to distress or impaired functioning.

Treatment

A systematic procedure designed to help change abnormal behavior into more normal behavior. Also called therapy.

Self-fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.