Answer the Following Questions Using the Information Below:
Bismite Corporation

question 125

Multiple Choice

Answer the following questions using the information below:
Bismite Corporation purchases trees from Cheney lumber and processes them up to the splitoff point where two products (paper and pencil casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of October:
$\begin{array}{lll}\text { Trees processed: } & 250 \text { trees } & \\\text { Production: } & \text { paper } & 180,000 \text { sheets } \\& \text { pencil casings } & 180,000 \\\text { Sales: } & \text { paper } & 174,000 \text { at } \$ 0.12 \text { per page } \\& \text { pencil casings } & 178,500 \text { at } \$ 0.15 \text { per casing }\end{array}$ The cost of purchasing 250 trees and processing them up to the splitoff point to yield 180,000 sheets of paper and 180,000 pencil casings is $12,500.
Bismite's accounting department reported no beginning inventory.
-What is the total sales value at the splitoff point for paper?

• A) $26,775
• B) $20,880
• C) $21,600
• D) $27,000

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Definitions:

Money Damages

A form of compensation awarded to an individual to recover losses or damages that have been incurred due to the wrongful conduct of another party.

Halo Effects

A cognitive bias where an individual's overall impression of a person influences how they feel and think about their character or abilities.

Managerial Process

A series of actions or steps taken by managers to achieve organizational goals, including planning, organizing, leading, and controlling.

Recruitment

The process of finding and hiring the best-qualified candidate for a job opening.