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Shark Corporation
the Following Information Pertains to Shark Corporation -Refer to Shark Corporation

question 61

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Shark Corporation
The following information pertains to Shark Corporation:  Beginning inventory 0 units  Ending Finished Goods Inventory 6,000 units  Direct labour per unit $22 Direct materials per unit 18 Variable manufacturing overhead per unit 6 Fixed manufacturing overhead per unit 12 Variable selling costs per unit 14 Fixed selling costs per unit 16\begin{array} { l l } \text { Beginning inventory } & 0 \text { units } \\\text { Ending Finished Goods Inventory } & 6,000 \text { units } \\\text { Direct labour per unit } & \$ 22 \\\text { Direct materials per unit } & 18 \\\text { Variable manufacturing overhead per unit } & 6 \\\text { Fixed manufacturing overhead per unit } & 12 \\\text { Variable selling costs per unit } & 14 \\\text { Fixed selling costs per unit } & 16\end{array}
-Refer to Shark Corporation. What is the value of ending Finished Goods Inventory using the absorption costing method?

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Definitions:

Power Motives

The underlying psychological desires that drive individuals to seek control, influence, or authority over others.

Henry Murray

An American psychologist and one of the pioneers of personality psychology known for developing need theory and the Thematic Apperception Test (TAT).

Self-Determination Theory

A theory of motivation proposing that people are most motivated and function optimally when they feel that they have autonomy, competence, and relatedness.

Implicit Motives

The unconscious desires, preferences, and needs that influence behavior and decision-making.

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