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

question 117

Multiple Choice

Use the information below to answer the following question(s) .Marguerite Inc..expects to sell 20,000 pool cues for $20.00 each.Direct materials costs are $2.00, direct manufacturing labour is $12.00, and manufacturing overhead is $0.80 per pool cue.Each pool cue requires 0.5 kilograms (kg) of material which is all added at the start of production.The units in work-in-process beginning and ending inventory were half complete as to direct labour and manufacturing overhead costs; the units in beginning inventory are completed before new units are started..Each pool cue requires one hour of direct labour, and manufacturing overhead is allocated based on direct labour hours.The following inventory levels are expected to apply to 2019:

-On the 2019 budgeted income statement, what amount will be reported for cost of goods sold?

• A)$296,000
• B)$280,000
• C)$276,000
• D)$290,000
• E)$292,000

Recognize the role of courage and integrity in ethics.

Identify core values in leading organizations and their impact on corporate identity.

Understand the key attributes that contribute to being a successful partner or employee, as per the Green Apron Book.

Recognize the fundamental role of courage in establishing moral worth and dignity.

---

Definitions:

Mediation

A form of conflict resolution where a neutral third party aids the disputing sides in reaching a mutually satisfactory agreement.

Neutral Third Party

An unbiased individual or group engaged to mediate or arbitrate disputes between two parties.

Relevant Issues

Matters or topics that are significantly related to or affecting a particular subject or context.

Myth Of The "fixed Pie"

A misconception that in negotiations, the available resources or benefits are limited and cannot be expanded, leading to a win-lose situation.