Use the Information Below to Answer the Following Question(s)

question 90

Multiple Choice

Use the information below to answer the following question(s) .
Konrade Inc. expects to sell 30,000 athletic uniforms for $80 each in 2012. Direct materials costs are $20, direct manufacturing labour is $8, and manufacturing overhead is $6 for each uniform. Each uniform requires 2.0 square metres (sq. m.) of material which is all added at the start of production. The following inventory levels are expected to apply to 2012:

-What is the amount budgeted for cost of goods sold in 2012?

• A) $1,156,000
• B) $986,000
• C) $840,000
• D) $2,400,000
• E) $1,020,000

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Definitions:

Displacement

Displacement is a defense mechanism where an individual shifts feelings from an undesirable situation or person to someone or something that is less threatening.

Regression

In psychology, a defense mechanism leading an individual to revert to an earlier stage of development in response to stress or conflict; in statistics, a method to determine the relationship between variables.

Projection

A defense mechanism where individuals attribute their unwanted feelings, impulses, or thoughts onto someone else.

Denial

A defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.