Octagonal Company Has the Following Information for 2016: Selling Price

question 153

Multiple Choice

Octagonal Company has the following information for 2016: Selling price $150 per unit
Variable production costs $40 per unit produced Variable selling and admin. expenses $16 per unit sold Fixed production costs $200,000
Fixed selling and admin. expenses $140,000 Units produced 10,000 units
Units sold 8,000 units
There were no beginning inventories.
What is the cost of ending inventory for Octagonal using the variable costing method?

• A) $80,000
• B) $180,000
• C) $120,000
• D) $300,000

Identify different emotions and their impact on individuals and their social interactions.

Understand the relationship between job satisfaction and performance, including the influence of rewards.

Recognize the significance and types of display rules in a workplace.

Explain the components and significance of emotional intelligence.

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Definitions:

Osteoarthritis

A degenerative joint disease characterized by the breakdown of cartilage and underlying bone, leading to pain and stiffness.

Rheumatoid Arthritis

A chronic inflammatory disorder affecting joints, leading to pain, swelling, and potential joint deformity.

Fast-Twitch Fibers

A type of muscle fiber that contracts quickly and is used in short bursts of high-intensity activities, but tires more easily than slow-twitch fibers.

Slow-Twitch Fibers

Muscle fibers characterized by their slow contraction speed and high endurance capacity, primarily utilizing aerobic respiration for energy.