Luc Corporation Manufactures and Sells a Single Product

question 215

Multiple Choice

Luc Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During February, the company budgeted for 5,000 units, but its actual level of activity was 4,950 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for February:
-The selling and administrative expenses in the planning budget for February would be closest to:

• A) $30,490
• B) $30,495
• C) $30,500
• D) $30,190

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Definitions:

Psychological Benefits

Positive effects on mental health and wellbeing that result from specific activities, practices, or therapies.

Competition Trap

A situation in which companies or individuals focus excessively on winning and outperforming others to the detriment of their own goals, well-being, or ethics.

Healthy Carbohydrates

Carbohydrates considered beneficial for health, often found in whole foods like fruits, vegetables, and whole grains, providing energy and nutrients.

Natural Sugars

Sugars that occur naturally in foods, such as fructose in fruits and lactose in milk, as opposed to added sugars or sweeteners.