X-Industries Manufactures 3-D Printers

question 14

Multiple Choice

X-Industries manufactures 3-D printers. For each unit, $3,400 of direct material is used and there is $2,600 of direct manufacturing labor at $16 per hour. Manufacturing overhead is applied at $20 per direct manufacturing labor hour. Calculate the profit earned on 46 units if each unit sells for $9,500.

• A) $65,320
• B) $35,880
• C) $11,500
• D) $3,250

Acknowledge the role of financial pressures on young adults and gender differences in coping strategies.

Define strategies employed by individuals to balance work and family commitments.

Understand the patterns and statistics related to domestic violence, including factors influencing victims' decisions to stay.

Grasp the complexities of child and elder abuse reporting and challenges.

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue.

Times Interest Earned

A financial metric indicating how many times a company can cover its interest payments with its earnings before interest and taxes.

Tax Rate

The proportion, usually expressed as a percentage, at which an individual or corporation is taxed.

Net Income

The total profit or loss of a company after all expenses, taxes, and costs have been subtracted from total revenue.