Use the Information Below to Answer the Following Question(s)

question 52

Multiple Choice

Use the information below to answer the following question(s) .Urban Body Products Ltd.manufactures body wash liquid soap.The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs. There were no beginning or ending inventories of materials or work-in-process.
-Advanced Lighting's total variable costs are $102 and total manufacturing costs are $98.Standard variable marketing/administrative costs constitute 20 percent of the total variable costs.Respectively, what are Advanced Lighting's standard variable manufacturing costs and standard fixed manufacturing costs?

• A)$77.60 and $81.60
• B)$78.40 and $98.00
• C)$81.60 and $16.40
• D)$81.60 and $77.60
• E)$78.40 and $16.40

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Definitions:

Do...While Loop

A control flow statement that executes a block of code at least once and then repeats the loop as long as a specified condition is true.

Continue Statement

A control statement that causes the loop to skip the rest of its body and immediately retest its condition prior to reiterating.

Switch Structures

A control statement in programming used to execute different parts of code based on the value of a variable.

Loop Execute

A process in programming where a sequence of instructions is repeatedly executed until a specific condition is met.