Answer the Following Questions Using the Information Below:
Elton, Inc

question 163

Multiple Choice

Answer the following questions using the information below:
Elton, Inc., expects to sell 6,000 ceramic vases for $20 each. Direct materials costs are $2, direct manufacturing labor is $10, and manufacturing overhead is $3 per vase. The following inventory levels apply to 2016:
$$\begin{array} { l r r } & \text { Beginning inventory } & \text { Ending inventory } \\\text { Direct materials } & 1,000 \text { units } & 1,000 \text { units } \\\text { Work-in-process inventory } & 0 \text { units } & 0 \text { units } \\\text { Finished goods inventory } & 400 \text { units } & 500 \text { units }\end{array}$$
-How many ceramic vases should be produced in 2016?

• A) 5,900 vases
• B) 6,100 vases
• C) 7,000 vases
• D) 6,000 vases

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Definitions:

Traits

Characteristics or qualities that define an individual or thing, often distinguishing them from others.

Conscience

An inner sense of right and wrong that guides an individual's thoughts, actions, and decisions.

Id

In Freudian psychology, the part of the mind in which innate instinctive impulses and primary processes are manifest.

Allocentric Orientation

A personality trait or perspective characterized by placing the needs, desires, and viewpoints of others above one's own, often linked to collectivist cultures.