Arianell, Inc Calculate the Gross Profit for August Using Absorption Costing

question 117

Multiple Choice

Arianell, Inc. reports the following information for August: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 800,000 \\\hline \text { Variable Cost of Goods Sold } & 110,000 \\\hline \text { Fixed Cost of Goods Sold } & 45,000 \\\hline \text { Variable Selling and Administrative Costs } & 100,000 \\\hline \text { Fixed Selling and Administrative Costs } & 70,000 \\\hline\end{array}$$ Calculate the gross profit for August using absorption costing.

• A) $730,000
• B) $700,000
• C) $690,000
• D) $645,000

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Definitions:

Interpersonal Relations

The social connections and interactions between two or more people, which may involve communication, business transactions, or emotional bonds.

Role Conflict

A situation in which an individual faces competing demands or expectations from different roles they occupy, leading to stress or dilemma.

Emotional Effect

The impact that events, interactions, or stimuli have on a person's feelings or emotional state.

Irritability

A psychological and physiological state characterized by increased sensitivity and tendency to become easily upset or annoyed.