Answer the Following Question(s)using the Information Below

question 158

Multiple Choice

Answer the following question(s) using the information below.Marie's Decorating produces and sells a mantel clock for $100 per unit.In 2012, 100,000 clocks were produced and 80,000 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
• E)$75

Gain insight into the structure and objectives of significant educational reforms and federal programs.

Understand the legal and operational aspects of welfare reforms and their social implications.

Identify the techniques policymakers use to achieve policy goals and the effectiveness of these techniques.

Analyze the philosophical and operational attitudes of Americans towards government and social welfare.

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Definitions:

Breach of Contract

An act of failing to fulfill the duties, terms, or conditions stipulated in a contract, which may result in legal action or penalties against the offending party.

Liquidated Damages

refers to a predetermined sum agreed upon by the parties to a contract, to be paid as compensation in case of breach of contract.

Exemption Clause

A contract term that attempts to limit or exclude liability for certain events or damages.

Deposit Forfeiture

A legal or contractual process wherein a deposit made as part of a transaction is lost due to non-compliance with the terms of the agreement.