Lockhart Products Produces a Single Product Lockhart Had No Units in Beginning Inventory

question 75

Multiple Choice

Lockhart Products produces a single product.During 2009 the company incurred the following costs:
$\begin{array}{lr} \text { Variable product costs } & \text {\( \$ 8.00 \) per unit } \\ \text { Variable period costs } & \text {\( \$ 2.00 \) per unit } \\ \text {Total fixed product costs } &\$21000\\ \text { Total fixed period costs } &\$10000\\\end{array}$

Lockhart had no units in beginning inventory.During 2009,6000 units were produced and 5000 units were sold.Which of the following statements is true when comparing net income using absorption versus variable costing?

• A) Net income will be $3500 higher using absorption costing than using variable costing.
• B) Net income will be $3500 lower using absorption costing than using variable costing.
• C) Net income will be $4200 higher using absorption costing than using variable costing.
• D) Net income will be $4200 lower using absorption costing than using variable costing.

Understand different listening habits and their impacts on communication.

Recognize the components and significance of positive stroke in communication.

Comprehend the Johari Window model and its areas.

Identify various interpersonal communication styles and their effects.

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Definitions:

Senior Drivers

Elderly individuals who operate vehicles, often facing unique challenges and safety considerations due to aging.

Parking Lots

Designed areas for vehicles to park, typically paved and marked for individual cars.

Slowed Gait

A reduction in walking speed, often indicative of aging or underlying health conditions.

Shorter Steps

Refers to taking smaller physical strides, often related to aging, physical conditions, or as a technique in various forms of exercise and rehabilitation.