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:

Florida

A southeastern U.S. state known for its tropical climate, beaches, and diverse ecosystems.

Unhealthiness

The state or condition of being detrimental to health.

Predominantly

Mainly or for the most part; indicates that something is the majority or the most common.

Inner-city

Typically refers to the areas near the center of a large city, which may deal with issues related to economic, social, and infrastructural challenges.