Answer the Following Questions Using the Information Below

question 160

Multiple Choice

Answer the following questions using the information below:
Wangaratta Corporation incurred fixed manufacturing costs of $6000 during 2018.Other information for 2018 includes:
The budgeted denominator level is 1000 units.
Units produced total 750 units.
Units sold total 600 units.
Beginning inventory was zero.
The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level.Manufacturing variances are closed to cost of goods sold.
-Fixed manufacturing costs expensed on the income statement (excluding adjustments for variances) total:

• A)$3600
• B)0
• C)$6000
• D)$4800

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Definitions:

Individual Differences

Variabilities among individuals in behavior, biology, and psychology that distinguish them from one another.

Normal Adults

Refers to individuals who are considered to have reached psychological and physiological maturity according to societal and developmental standards.

Correctional Institutions

Facilities designated for incarcerating individuals who have been convicted of crimes, focusing on punishment, rehabilitation, and the safeguarding of society.

Neurotics and Psychotics

Refers to individuals experiencing, respectively, mild mental health issues often related to stress and anxiety, and more severe mental disorders that significantly interfere with perception of reality.