DeJager Company Reported the Following Information About the Production and Sales

question 30

Multiple Choice

DeJager Company reported the following information about the production and sales of its only product:

-The operating income (loss) under variable costing would be

• A) $14,200.
• B) $ 8,200.
• C) $(3,000).
• D) $(7,800).

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Definitions:

Paper Money

Currency made from paper that is officially issued by a government and circulated within its economy.

Wade-Davis Bill

Radical Republicans’ 1864 plan for Reconstruction that required loyalty oaths, abolition of slavery, repudiation of war debts, and denial of political rights to high-ranking Confederate officials; President Lincoln refused to sign the bill.

Loyalty Oath

An oath or pledge affirming one's allegiance to a state or nation, often required by governments of its employees or members of its military forces.

Radical Republicans

A faction within the U.S. Republican Party during and after the Civil War that advocated for the complete abolition of slavery and harsh reconstruction policies for the Southern states.