Lambeth Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$4.90 Direct labor$2.95 Variable manufacturing overhead$1.25 Fixed manufacturing overhead $8,000Sales commissions$1.00 Variable administrative expense$0.40 Fixed selling and administrative expense $4,000 If 3,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:
A. $26,550
B. $33,300
C. $27,300
D. $23,550
Answer: D
You might also like to view...
With respect to the types of information systems used in organizations, sales force automation is an example of a(n) ________ system
A) customer relationship management B) electronic commerce C) geographic information D) supply chain management E) data mining and visualization
Which of the following is true about the agile method?
a. It is often used when a project team can express the scope early in the product life cycle. b. It is used when a project team wants to provide a potentially shippable product earlier rather than later. c. It uses several iterations or deliveries of software instead of waiting until the end of the project to provide a product. d. It is used when project teams want to use the predicative approach to a project.
What element of management is being utilized when using computer forecasts to determine possible outcomes of an intended change?
A) Strategy formulation B) Goal setting C) Crisis management D) Contingency planning E) Related diversification
GenerUs Inc.'s board of directors approved a charitable cash contribution to FoodBank, a qualified nonprofit organization, in November of 2019. GenerUs made the payment to FoodBank on February 2, 2020. GenerUs Inc. (a calendar-year corporation) may claim a deduction for the contribution on its 2019 tax return.
Answer the following statement true (T) or false (F)