Figure 2-11 Information from the Records of the Cain Corporation

question 32

Multiple Choice

Figure 2-11 Information from the records of the Cain Corporation for August 2011 was as follows:
*variable overhead is $205,000, fixed overhead is $200,000

- Refer to Figure 2-11.The conversion cost is

• A) $960,000
• B) $1,179,000
• C) $705,000
• D) $564,000

---

Definitions:

Retail Price

The total cost at which a product or service is sold to the end consumer, inclusive of all markups.

US Dollar

The official currency of the United States, widely used as a standard of exchange in international markets.

Euro

The official currency of nineteen of the twenty-seven European Union countries, known collectively as the Eurozone.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.