Catherman Corporation Manufactures One Product

question 102

Multiple Choice

Catherman Corporation manufactures one product. It does not maintain any beginning or ending inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold.
During the year, the company produced and sold 32,400 units at a price of $42.30 per unit. Its standard cost per unit produced is $36.90 and its selling and administrative expenses totaled $102,000. The company does not have any variable manufacturing overhead costs and it recorded the following variances during the year:

-The net operating income for the year is closest to:

• A) $107,269
• B) $6,150
• C) $89,348
• D) $72,960

Define whiteness in the context of race and institutionalized practices.

Explore how organizations interact with human sexuality in their policies and practices.

Understand the basic principles of atmospheric circulation and identify the latitudes where major air masses rise and descend.

Identify and describe the characteristics of different biomes, including flora, fauna, and climate conditions.

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Definitions:

Outside Influences

External factors or forces that can affect a person's decisions, behaviors, or outcomes, often beyond their immediate control.

External Adaptation

The process through which an organization or individual adjusts to changes in the external environment to survive and thrive.

Internal Integration

A shared identity with agreed-upon methods of working together.

Organizational Survival

Refers to the ways in which a company maintains its existence and sustains its operations over time in a competitive marketplace.