Theele Corporation Has the Following Information for April, May, and June

question 47

Multiple Choice

Theele Corporation has the following information for April, May, and June:
Production costs per unit (based on 10,000 units) are as follows:
$\begin{array}{lrrr} & \text { April } & \underline{\text { May }} & \text { June } \\\text { Units produced } & 10,000 & 10,000 & 10,000 \\\text { Units sold } & 7,000 & 8,500 & 10,500\end{array}$ Theele Corporation had no beginning inventories for April, and all units were sold for $55 per unit. Costs are stable over the three months.
$\begin{array}{lr}\text { Direct materials } & \$ 13 \\\text { Direct labour } & 9 \\\text { Variable factory overhead } & 7 \\\text { Fixed factory overhead } & 5 \\\text { Variable selling and administrative expenses } & 10 \\\text { Fixed selling and administrative expenses } & 4\end{array}$
-Refer to the Figure.What is the May ending inventory for Theele Corporation when using the absorption costing method?

• A)$39,000
• B)$45,000
• C)$148,500
• D)$300,000

---

Definitions:

Editing Restrictions

Features in document editing software that limit the types of modifications that can be made by users, to protect the document's integrity or comply with specific requirements.

Tracked Changes

A feature in word processing software that records alterations made to a document, allowing users to review and manage edits.

Comments

Annotations or notes added to a document or file meant for review, feedback, or collaboration without altering the original content.

Paper Size

The dimensions of a sheet of paper, typically defined by standard sizes such as A4, Letter, or Legal, which are used in printing and document creation.