Answer the Following Question(s)using the Information Below

question 30

Multiple Choice

Answer the following question(s) using the information below.Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit.In the first month of operation, 2,000 units were produced and 1,750 units were sold.Actual fixed costs are the same as the amount budgeted for the month.Other information for the month includes:

-What is operating income using variable costing?

• A)$52,500
• B)$78,750
• C)$65,750
• D)$47,000
• E)$40,000

---

Definitions:

Regression Analysis

A method in statistics employed to explore how a dependent variable interacts with one or several independent variables.

Time Series Design

A research design that involves repeated observations of the same variables over short or long periods of time.

Pacific War

A theater of World War II that was fought in the Pacific and Asia against Japan by Allied forces, including the United States, from 1941-1945.

Honolulu

The capital city of the state of Hawaii, known for its strategic location in the Pacific Ocean and its role as a major tourist destination.