Big Blue Bubble Company Produces a Product with the Following $\begin{array}{lr}\text { Direct materials } & \$ 15 \\\text { Direct labour } & 10 \\\text { Overhead } & 15\end{array}$

question 157

Multiple Choice

Big Blue Bubble Company produces a product with the following per-unit costs:
Last year, Gateway produced and sold 750 units at a sales price of $80 each. Total selling and administrative expense was $25,000.
$\begin{array}{lr}\text { Direct materials } & \$ 15 \\\text { Direct labour } & 10 \\\text { Overhead } & 15\end{array}$
-Refer to the Figure.What was the cost of goods sold last year?

• A)$14,250
• B)$30,000
• C)$47,500
• D)$51,000

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Definitions:

Wavelengths

The distances between successive crests of a wave, especially waves of electromagnetic radiation like light or radio waves.

Capsaicin

A chemical compound found in chili peppers that generates the sensation of heat or burning in any tissue with which it comes in contact.

Sodium Ions

Positively charged particles of sodium, which play crucial roles in the body such as maintaining fluid balance, transmitting nerve impulses, and muscle contraction.

Substance P

A neuropeptide involved in the transmission of pain and other sensory information to the central nervous system.