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

question 138

Multiple Choice

Use the information below to answer the following question(s) .Berry's Boxes manufactures boxes.It expects to sell 20,000 boxes in 2018.The company had enough beginning inventory of direct materials to produce 24,000 units.Beginning inventory of finished units totalled 2,000 with a target ending inventory of 2,500 units.The boxes sell for $3.00 and the company keeps no work-in-process inventory.Direct materials costs for each box total $1.00 while direct labour is $0.50.Factory overhead is $0.20 per box.
-What will be Berry's Boxes cost of goods sold in 2018?

• A)$42,000
• B)$24,000
• C)$38,000
• D)$30,000
• E)$34,000

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Definitions:

Axons

Long, thread-like structures in neurons that transmit electrical impulses away from the neuron's cell body, crucial for neural communication.

Optic Nerve

A nerve in the head responsible for conveying images from the retina to the brain.

Perceptual Set

The tendency for a person's expectations, motivations, and experiences to influence their perception of stimuli.

Sensory Adaptation

The phenomenon of sensory receptors becoming less reactive to continuous stimuli over a period.