Answer the Following Questions Using the Information Below

question 48

Multiple Choice

Answer the following questions using the information below:
Gloria's Decorating produces and sells a mantel clock for $80 per unit. In 2011, 50,000 clocks were produced and 40,000 were sold. Other information for the year includes:

-What is the inventoriable cost per unit using variable costing?

• A)$32
• B)$35
• C)$40
• D)$60

---

Definitions:

Unionism

The practice or advocacy of organizing and joining labor unions to protect and enhance workers' rights and working conditions.

Legal Union Federation

An umbrella organization created to represent the collective interests of multiple labor unions or workers’ associations according to legal statutes.

Convergence Thesis

A theory suggesting that industrial societies, regardless of their initial cultural, social, or economic differences, will eventually develop similar structures and values through the process of industrialization.

Labor Relations Practices

The wide range of strategies, policies, and activities employed by employers, employees, and their representatives to manage employment relationships.