Answer the Following Question(s)using the Information Below

question 138

Multiple Choice

Answer the following question(s) using the information below.Gabe's Auto produces and sells an auto part for $30.00 per unit.In 2012, 100,000 parts were produced and 75,000 units were sold.Other information for the year includes:

-What is the inventoriable cost per unit using absorption costing?

• A)$14.25
• B)$15.00
• C)$18.75
• D)$20.10
• E)$20.00

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Definitions:

Theoretical

Pertaining to, involving, or concerned with the abstract principles or theories, rather than practical applications or empirical realities.

Vision

The faculty or state of being able to see, or the ability to think about or plan the future with imagination or wisdom.

Adventure

An exciting or very unusual experience; participation in exciting undertakings or enterprises.

Nihilism

The view that nothing has any value or that there are no values.