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

question 5

Multiple Choice

Use the information below to answer the following question(s) .Chem Manufacturing Company processes direct materials up to the splitoff point, where two products (X and Y) are obtained and sold.The following information was collected for the month of November.Direct materials processed:
10,000 litres (10,000 litres yield 9,500 litres of good product and 500 litres of shrinkage)
The cost of purchasing 10,000 litres of direct materials and processing it up to the splitoff point to yield a total of 9,500 litres of good products was $975,000.The beginning inventories totalled 50 litres for X and 25 litres for Y.Ending inventory amounts reflected 300 litres of product X and 525 litres of product Y.October costs were per unit were the same as November.
-What is product X's approximate gross margin percentage using the physical volume method?

• A)30%
• B)32%
• C)33%
• D)35%
• E)38%

Understand the use of digital tools in emergency situations and for gathering public contributions.

Grasp the concept of cognitive surplus and its creative applications.

Identify various methods and tools for coding, learning, and content contribution on the web.

Understand the role of discipline and responsibility in achieving personal and professional goals.

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Definitions:

Reward Power

Reward power is a form of influence based on the ability to offer rewards or positive incentives in order to motivate or control the behavior of others.

Manager's Control

The power or authority a manager has to direct and regulate the behavior of employees and the operations of an organization.

Target's Perception

How an individual or entity perceives or interprets actions, intentions, or attitudes directed towards them.

Strategic Contingencies

Situations or events that significantly impact an organization's ability to achieve its objectives, requiring strategic planning and responses.