Last Year, Chang Company Had a Net Operating Income of £77,000

question 56

Multiple Choice

Last year, Chang Company had a net operating income of £77,000 using absorption costing and a net operating income of £70,700 using variable costing. The fixed manufacturing overhead cost has been £3 per unit for the last three years. If 18,000 units were produced last year, then sales last year were

• A)20,100 units.
• B)24,300 units.
• C)11,700 units.
• D)15,900 units.

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Definitions:

Media Sociology

The subfield of sociology that focuses on the study of how media as an institution and medium influences society and social norms.

Media Professionals

Individuals working within the media industry, including journalists, broadcasters, producers, and content creators, responsible for gathering, producing, and distributing media content.

Concept of a Role

The idea that individuals have specific socially defined positions with expected behaviors and responsibilities.

Roles

Roles refer to the functions, duties, or expected behaviors associated with a particular position or status within a social, organizational, or relational context.