Royal Industries Has the Following Information About Its Standards and Production

question 111

Multiple Choice

Royal Industries has the following information about its standards and production activity for January: Actual manufacturing overhead cost incurred,$86,500
Variable manufacturing overhead cost @ $2.50 per unit produced
Fixed manufacturing overhead cost @ $2 per unit produced
($24,000/12,000 budgeted units)
Actual units produced,4,500
Assume the allocation base for fixed overhead costs is the number of units to be produced.
How much are the standard overhead costs allocated to actual production?

• A)$54,000
• B)$30,000
• C)$86,500
• D)$20,250

Apply psychological theories to real-life situations, enhancing understanding and problem-solving skills in various contexts.

Understand the basic definitions of personality and identity as viewed by different theorists.

Identify the influence of social and environmental factors on personality development.

Recognize the role of genetics in personality traits.

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Definitions:

Proximity

Physical nearness to another that promotes communication and thus attraction.

Expressed Need

entails a clearly communicated or articulated requirement or necessity by an individual.

Young Adulthood

This term refers to a life stage between adolescence and full-fledged adulthood, often defined by ages 20 to 40, where individuals make significant life decisions regarding careers, relationships, and personal identity.

Increased Intimacy

The deepening of emotional closeness and connection in a relationship, often through acts of self-disclosure and empathy.