Elbrege Corporation Manufactures a Single Product

question 205

Multiple Choice

Elbrege Corporation manufactures a single product. The company has supplied the following data:
There was no beginning inventory. During the year 25,000 units were produced and 20,000 units were sold.
-What is the net operating income for the month under variable costing?

• A) $8,700
• B) $5,700
• C) $14,400
• D) $(12,000)

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Definitions:

Bicycling Injuries

Physical harm or damage that occurs as a result of accidents or falls while riding a bicycle.

Helmets

Protective headgear worn to prevent or minimize injuries to the head.

Riding

The act of sitting on and controlling the movement of an animal, typically a horse, or a vehicle, like a bicycle or motorcycle.

Rehearsal

Mnemonic strategy to keep an item in working memory through conscious repetition.