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

question 52

Multiple Choice

Use the information below to answer the following question(s) .Urban Body Products Ltd.manufactures body wash liquid soap.The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs. There were no beginning or ending inventories of materials or work-in-process.
-Advanced Lighting's total variable costs are $102 and total manufacturing costs are $98.Standard variable marketing/administrative costs constitute 20 percent of the total variable costs.Respectively, what are Advanced Lighting's standard variable manufacturing costs and standard fixed manufacturing costs?

• A)$77.60 and $81.60
• B)$78.40 and $98.00
• C)$81.60 and $16.40
• D)$81.60 and $77.60
• E)$78.40 and $16.40

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Definitions:

Baudrillard

refers to Jean Baudrillard, a French sociologist and philosopher best known for his theories on hyperreality and the simulation of social life.

Illusion

A false perception or misleading impression of reality, often created by a deceptive appearance or trick of the mind.

Interlocking Directorates

A situation where members of a company's board of directors also serve on the boards of other companies, which can lead to potential conflicts of interest.

Corporation's Board

A group of individuals elected to represent shareholders and make decisions on major company issues, including strategy, corporate governance, and financial performance.