Hudson Inc -Sales Revenue for September Totalled $400 000

question 58

Multiple Choice

Hudson Inc. has the following information available for September:
$\begin{array}{c}\begin{array}{l}\\ \text { Raw materials }\\ \text { Work-in-process }\\ \text { Finished goods}\\\\ \text { Raw materials purchased}\\ \text { Direct labour costs}\\ \text { Manufacturing overhead costs}\\ \text { Administrative costs}\\ \text { Marketing costs}\\\end{array}\begin{array}{rr}\underline{\text { Beginning} } &\underline{ \text { Ending }}\\8000 & \$ 5000 \\30000 & 40000 \\7000 & 3000 \\\\& 25000 \\& 70000 \\& 30000 \\& 12000 \\& 6000 \end{array}\end{array}$



-Sales revenue for September totalled $400 000.Net income for September is:

• A) $257 000
• B) $260 000
• C) $264 000
• D) $278 000

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Definitions:

Uncertainty Reduction Theory

A communication theory focusing on how individuals seek information to reduce uncertainties about others in initial interactions or unfamiliar situations.

Socialization Process

The method by which individuals learn and adopt the values, norms, and behaviors necessary for participation within a society or organization.

Anticipatory Socialization

The process by which individuals acquire the norms, values, and behaviors appropriate for a role they are about to enter, before actually entering it.

Uncertainty Reduction Theory

A communication theory that suggests individuals engage in interactions to reduce uncertainties about each other.