Answer the Following Questions Using the Information Below

question 48

Multiple Choice

Answer the following questions using the information below:
Mayan Potters manufactures two sizes of ceramic paperweights, regular and jumbo. The following information applies to their expectations for the planning period:
Mayan Potters uses an ABC system and assigns overhead costs based on the overhead activity information provided above.
-During October, Mayan produced 700,000 regular ceramic paperweights and Mayan's production manager counted 2,000 orders; 1,000 maintenance-hours; 2,000 setups; and 2,000 inspections for the regular product line. For October, Mayan's controller assigned ________ indirect costs to the regular product line.

• A)$43,000
• B)$25,000
• C)$34,000
• D)None of these answers are correct.

---

Definitions:

Buying Power

The ability of individuals or entities to purchase goods and services, often influenced by income levels, inflation rates, and economic conditions.

Lochner V. New York

A landmark U.S. Supreme Court case from 1905 that struck down a New York law limiting the working hours of bakers, setting a precedent for the limitation of state interference in private contracts.

Right To Contract

A legal principle affirming individuals' ability to freely enter into binding agreements without government interference.

Bully Pulpit

The bully pulpit refers to a powerful platform, particularly that of the U.S. presidency, used to promote an agenda and influence public opinion and policy.