Examlex

Solved

Morwenna,Inc Calculate the Operating Income for August Using Absorption Costing

question 19

Multiple Choice

Morwenna,Inc.reports the following information for August:  Sales Revenue $900,000 Variable Cost of Goods Sold 120,000 Fixed Cost of Goods Sold 60,000 Variable Selling and Administrative Costs 150,000 Fixed Selling and Administrative Costs 50,000\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 900,000 \\\hline \text { Variable Cost of Goods Sold } & 120,000 \\\hline \text { Fixed Cost of Goods Sold } & 60,000 \\\hline \text { Variable Selling and Administrative Costs } & 150,000 \\\hline \text { Fixed Selling and Administrative Costs } & 50,000 \\\hline\end{array} Calculate the operating income for August using absorption costing.


Definitions:

Motor Cortex

The region of the cerebral cortex involved in the planning, control, and execution of voluntary movements.

Catatonic Schizophrenia

A subtype of schizophrenia characterized by a range of motor abnormalities, from a complete lack of movement to excessive motor activity or extreme negativism.

Negative Symptoms

In psychiatry, symptoms that reflect an absence or lack of normal emotional responses, motivation, or behavior, such as apathy, anhedonia, and reduced social engagement, often associated with schizophrenia.

Psychomotor Symptoms

Disturbances in movement sometimes found in certain disorders such as schizophrenia.

Related Questions