Triple M Company Had the Following Data for the Month

question 12

Multiple Choice

Triple M Company had the following data for the month:
Fixed overhead is $4,000 per month, which is applied to production on the basis of normal activity of 2,000 units. During the month, 2,000 units were produced. Loring started the month with 300 units in beginning inventory, with unit product cost equal to this month's unit product cost. A total of 2,100 units were sold during the month at price of $14 per unit. Selling and administrative expense for the month, all fixed, totalled $3,600.
$\begin{array}{lr}\text { Variable costs per unit: } & \\\text { Direct materials } & \$ 4.00 \\\text { Direct labour } & 3.20 \\\text { Variable overhead } & 1.00 \\\text { Variable selling expenses } & 0.40\end{array}$
-Refer to the Figure.What is the unit product cost under absorption costing?

• A)$7.20
• B)$8.20
• C)$8.60
• D)$10.20

Calculate federal income tax withholding using taxpayer status and allowances.

Compute the employer's contribution to Social Security and Medicare based on employee earnings.

Calculate Social Security and Medicare withholdings for an individual employee.

Determine the total for various payroll deductions over a specified period.

---

Definitions:

Explicit Attitudes

Attitudes that a person is consciously aware of and can report or express directly.

Procedural Knowledge

Knowledge of how to perform tasks or procedures, often acquired through practice and experience rather than theoretical understanding.

Introverted

Characterized by or favoring to concentrate on one's own thoughts and feelings rather than seeking external stimuli.

Mindfulness

A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations, used as a therapeutic technique.