Answer the Following Questions Using the Information Below:
Leongatha Motors

question 182

Multiple Choice

Answer the following questions using the information below:
Leongatha Motors produces and sells an auto part for $30.00 per unit.In 2018,100 000 parts were produced and 75 000 units were sold.Other information for the year includes:
$\begin{array}{lc}\text { Direct materials } & \$ 12.00 \text { per unit } \\\text { Direct manufacturing labour } & \$ 2.25 \text { per unit } \\\text { Variable manufacturing costs } & \$ 0.75 \text { per urit } \\\text { Sales commissions } & \$ 3.00 \text { per part } \\\text { Fixed manufacturing costs } & \$ 375000 \text { per year } \\\text { Administrative expenses, all fixed } & \$ 135000 \text { per year }\end{array}$
-What is the inventoriable cost per unit using variable costing?

• A)$14.25
• B)$15.00
• C)$18.00
• D)$21.75

Distinguish between property crimes and violent crimes.

Explain the role of prohibition in the evolution of organized crime.

Analyze the effectiveness of governmental strategies against organized crime.

Compare and contrast different types of robbery (professional vs. amateur).

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Definitions:

Punitive Damages

Compensation awarded in a lawsuit that exceeds simple restitution and is intended to punish the defendant for wrongdoing and deter future similar acts.

Arbitrator's Award

The decision or outcome given by an arbitrator, who is a neutral third party, at the conclusion of an arbitration proceeding.

Authority

The power or right given to an individual or body to make decisions, enforce rules, or govern.

Advantage

A condition or circumstance that puts one in a favorable or superior position as compared to others.