Last Year, Craft Company Had a Net Operating Income of £80,000

question 9

Multiple Choice

Last year, Craft Company had a net operating income of £80,000 using absorption costing and £74,500 using variable costing. The fixed manufacturing overhead cost has been £5 per unit for the last three years. If 21,500 units were produced last year, then sales last year were

• A)16,000 units.
• B)20,400 units.
• C)22,600 units.
• D)27,000 units.

---

Definitions:

Acquaintance Judgments

Pertains to evaluations or assessments made about a person based on familiarity or brief interactions.

Emotional Experiences

The personal and subjective feelings that arise in response to stimuli, often involving physiological reactions and cognitive evaluations.

Self-Judgments

Evaluations or assessments that individuals make about themselves, their abilities, and their qualities.

Extraversion

A personality trait marked by sociability, liveliness, and an energetic approach towards the external world.