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

question 73

Multiple Choice

Use the information below to answer the following question(s) .
Marguerite Inc..expects to sell 20,000 pool cues for $20.00 each.Direct materials costs are $2.00,direct manufacturing labour is $12.00,and manufacturing overhead is $0.80 per pool cue.Each pool cue requires 0.5 kilograms (kg) of material which is all added at the start of production.The units in work-in-process beginning and ending inventory were half complete as to direct labour and manufacturing overhead costs;the units in beginning inventory are completed before new units are started..Each pool cue requires one hour of direct labour,and manufacturing overhead is allocated based on direct labour hours.The following inventory levels are expected to apply to 2016:

-On the 2016 budgeted income statement,what amount will be reported for gross margin?

• A)$124,000
• B)$104,000
• C)$312,000
• D)$160,000
• E)$400,000

Know the current trends and public opinions concerning the U.S. correctional system, including incarceration rates and support for rehabilitative versus punitive policies.

Understand the concept of racial and ethnic wealth disparities.

Recognize the impact of institutional racism and historical policies on current socio-economic conditions.

Analyze the stigmatization and misconceptions associated with poverty and racial groups.

---

Definitions:

Suicidality

The risk of suicide or a tendency towards suicidal behavior.

Refugee

A person forced to flee their country due to persecution, war, or violence.

Foreign Born

Individuals who were born outside of the country they currently reside in, regardless of their current citizenship or nationality.

Native-born Classmates

Individuals born in the country they currently reside in, as referenced in the context of an educational setting alongside others who may be immigrants or international students.