During Its First Year of Operations,Carlos Manufacturing Corporation Incurred the Following

question 71

Multiple Choice

During its first year of operations,Carlos Manufacturing Corporation incurred the following costs to produce 8,000 units of its only product: The company also incurred the following costs in selling 7,500 units of product during its first year: Assume that direct labor is a variable cost. Under variable costing,what is the total cost that would be assigned to Carlos' finished goods inventory at the end of the first year of operations?

• A)$15,000
• B)$42,125
• C)$44,000
• D)$14,000

Understand the emotional experiences and expressions of non-human animals.

Understand the key components and measures of expectancy theory, including expectancy, instrumentality, and valence.

Identify the relationship between effort, performance, and outcomes as described in expectancy theory.

Distinguish between different motivational theories, including McClelland's acquired needs theory, Alderfer's ERG theory, and goal-setting theory.

---

Definitions:

Significant Variances

Discrepancies between planned and actual figures that are large enough to warrant attention and possibly corrective action by management.

Cost Control

A process of managing and monitoring expenses to keep business operations within a budget.

Responsibility Accounting

A system of accounting which holds individuals or departments accountable for costs and expenses under their control.

Sales Manager

A professional responsible for leading and directing a sales team to meet or exceed sales targets.