Answer the Following Questions Using the Information Below:
the East

question 187

Multiple Choice

Answer the following questions using the information below:
The East Company manufactures several different products. Unit costs associated with Product ORD210 are as follows:
$\begin{array}{lr}\text { Direct materials } & \$ 54 \\\text { Direct manufacturing labor } & 8 \\\text { Variable manufacturing overhead } & 11 \\\text { Fixed manufacturing overhead } & 25 \\\text { Sales commissions (2\% of sales) } & 5 \\\text { Administrative salaries } & 12 \\\quad \text { Total } & \$ 115\end{array}$
-What are the period costs per unit associated with Product ORD203?

• A) $5
• B) $12
• C) $17
• D) $18

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Definitions:

Contract Law

The body of law that governs the creation, enforcement, and termination of contracts between parties.

Copyright

A legal right granted by the government to creators of original works, giving them exclusive rights to use and distribute their creations for a certain period of time.

Patent

A legal right granted to an inventor, providing exclusive commercial rights to an invention for a certain period.

C Corporations

A type of corporate structure where the business is taxed separately from its owners, offering limited liability protection to its shareholders.