A Company Reports the Following Information for Its First Year

question 6

Multiple Choice

A company reports the following information for its first year of operations: $\begin{array}{ll}\text { Units produced this year } & 650 \text { units } \\\text { Units sold this year } & 500 \text { units } \\\text { Direct materials } & \$ 750 \text { per unit } \\\text { Direct labor } & \$ 1,000 \text { per unit } \\\text { Variable overhead } & ? \text { in total } \\\text { Fixed overhead } & \$ 308,750 \text { in total }\end{array}$ If the company's cost per unit of finished goods using variable costing is $2,375, what is total variable overhead?

• A)$237,500
• B)$75,000
• C)$312,500
• D)$406,250
• E)$97,500

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Definitions:

School Functions

Events, activities, or operations that are organized or carried out within a school setting, such as educational programs, sports, and social gatherings.

Hopelessness

A feeling of despair and the perception that there is no prospect for a better future.

Nursing Diagnosis

A clinical judgment about individual, family, or community experiences and responses to actual or potential health problems and life processes, identified by a nurse.

Terminal Illness

A disease or condition that is incurable and expected to lead to the death of the patient within a short period of time.