Johnston Corporation Manufactures a Single Product That It Sells for $30

question 32

Multiple Choice

Johnston Corporation manufactures a single product that it sells for $30 per unit.The company has the following cost structure: Last year there was no beginning inventory.During the year,20,000 units were produced and 17,000 units were sold. Under absorption costing,the unit product cost would be:

• A)$20 per unit
• B)$12 per unit
• C)$13 per unit
• D)$8 per unit

Distinguish between genetic and environmental influences on health and disease susceptibility.

Describe the mechanisms by which psychoactive drugs affect the brain and behavior.

Comprehend the role of peer influence in adolescent drug use.

Understand the significance of DNA, chromosomes, and genes in heredity.

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Definitions:

Trade Discount

A deduction from the list price of goods or services provided by a seller to a buyer, usually based on the volume of transaction or to maintain a strategic partnership.

Net Price

The price that a distributor will charge a customer after any trade discounts have been subtracted from the list price.

Discount Method

A financing or accounting method where interest and other finance charges are subtracted from the loan amount before the borrower receives funds.

Complement Rates

The relationship between two rates where the sum totals a certain whole, often used in contexts like complementary angles or probability.