Clear Company Reports the Following Information for Its First Year

question 46

Multiple Choice

Clear Company reports the following information for its first year of operations: If the company's cost per unit of finished goods using absorption costing is $19.30, what is total fixed overhead?

• A) $350,000
• B) $255,000
• C) $150,000
• D) $249,900
• E) $147,000

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Definitions:

Small Intestine

A part of the digestive system where most of the digestion and absorption of nutrients occurs.

CVA

Cerebrovascular Accident, commonly known as a stroke, occurs when blood flow to a part of the brain is suddenly interrupted or reduced.

Thermoreceptors

Specialized sensory nerve cells that detect changes in temperature and are responsible for sensations of hot and cold.