Richard Inc

question 99

Multiple Choice

Richard Inc.expects to sell 28,000 units.Each unit requires 4 pounds of direct materials at $15 per pound and 3 direct labor hours at $12 per direct labor hour.The overhead rate is $9 per direct labor hour.The beginning inventories are as follows: direct materials,2,500 pounds;finished goods,3,100 units.The planned ending inventories are as follows: direct materials,4,000 pounds;finished goods,3,200 units.
-What is the planned production of Richard?

• A)21,700
• B)28,100
• C)27,900
• D)34,300

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Definitions:

Readymades

Artistic works created by selecting and designating ordinary, manufactured objects as art, a concept most associated with Marcel Duchamp.

Dada Artist

An artist associated with Dadaism, a cultural movement of the European avant-garde in the 20th century, known for its anti-war politics and rejection of traditional aesthetic norms.

Marcel Duchamp

A French-American artist associated with Dadaism and Surrealism, known for challenging traditional notions of art.

Giorgio de Chirico

An Italian artist known for his metaphysical painting phase, creating dream-like, eerily quiet urban landscapes that influenced the surrealist movement.