Timkon Manufacturing Has Provided the Following Operating Results for Its

question 119

Multiple Choice

Timkon Manufacturing has provided the following operating results for its recent operations:
$\begin{array}{lr}\text { Beginning inventory of finished goods } & 4,500 \\\text { Units produced (no work in process) } & 10,000 \\\text { Units sold } & 12,500 \\\text { Units in ending inventory of finished goods } & 2,000\\\text { Sales price }&\$ 50 \text { per unit }\\\text { Variable manufacturing costs }&\$ 20 \text { per unit }\\\text { manufactured Variable selling expenses }&\$ 2 \text { per unit sold }\\\text { Variable administrative expenses } & \$ 1 \text { per unit sold Fixed manufacturing } \\\text { costs for the year } & \$ 100,000 \\\text { Fixed selling expenses for the year } & \$ 52,000 \\\text { Fixed administrative expenses for the year } & \$ 84,000\end{array}$
-
Assuming beginning inventory cost per unit is not different than ending inventory cost per unit, the value of the ending inventory under direct costing is:

• A)$60,000
• B)$46,000
• C)$40,000
• D)$63,000

Acknowledge the importance of including diverse perspectives in literature reviews, irrespective of their support for the researcher's argument.

Recognize the role and ethics of using deception in research and the conditions under which it is acceptable.

Identify the purpose and process of obtaining informed consent from participants in research.

Understand the distinction between anonymity and confidentiality in research and their implications for participant privacy.

---

Definitions:

Improvement Indices

Quantitative measures used to assess the performance improvement of a system or process over time.

Optimal Solution

The best possible outcome or decision that maximizes efficiency, minimizes costs, or achieves the desired goal under given constraints.

Degenerate

In mathematics and physics, it refers to a less general or simpler class of an entity or phenomenon with less symmetry or fewer distinctions.

Optimal Solution

An Optimal Solution refers to the best possible outcome or decision from a set of alternatives, often identified through processes like optimization in mathematics and computer science.