The Browning Company Manufactures a Single Product; the Standard Costs

question 66

Multiple Choice

The Browning Company manufactures a single product; the standard costs per unit being variable manufacturing $8, fixed manufacturing $6. Selling and administrative costs are $2 per unit sold. The selling price is $20 per unit. Actual and budgeted fixed overhead is $900 000 for the year. Information about Browning's production activity for the year is:
What is the value of closing inventory of finished goods under absorption costing?

• A) $420 000
• B) $240 000
• C) $120 000
• D) $480 000

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Definitions:

Influencing Agent

An entity or factor that causes or motivates change in behavior, decisions, or opinions among individuals or groups.

Dysfunctional Resistance

Negative behaviors or attitudes that arise in opposition to change or authority, hindering progress or performance.

Self-Interested Politics

Actions and maneuvers by individuals or groups aimed at advancing their own personal agendas or interests, often at the expense of others.

Perceptions of Organizational Politics

Involves how individuals within an organization perceive the power dynamics, influence tactics, and informal networks.