E-Trax Inc

question 59

Multiple Choice

E-trax Inc.has provided the following financial information for the year 2015:
What is the unit product cost for 2015 using absorption costing?

• A)$72
• B)$60
• C)$65
• D)$56

Recognize the principles and structure of the private enterprise system and capitalism.

Understand the significance of labor inputs and the evolution of labor practices.

Grasp the historical impact of the Industrial Revolution on business practices and society.

Differentiate between for-profit and not-for-profit organizations and their operational priorities.

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Definitions:

Quarts

A unit of volume in the U.S. customary and the British imperial systems, equal to a quarter of a gallon, or approximately 0.946 liters.

Tint

A slight or faint shade of color or a small amount of a particular color added to something.

Ounces

A measure of mass in the avoirdupois system, equivalent to 1/16th of a pound or about 28.35 grams.

Square Feet

A unit of area measurement equal to a square measuring one foot on each side.