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NEW QUESTION: 1
A company has budgeted to produce 5,000 units of Product B per month. The opening and closing inventories of Product B for next month are budgeted to be 400 units and 900 units respectively. The budgeted selling price and variable production costs per unit for Product B are as follows:
Total budgeted fixed production overheads are $29,500 per month. The company absorbs fixed production overheads on the basis of the budgeted number of units produced. The budgeted profit for Product B for next month, using absorption costing, is $20,700.
Prepare a marginal costing statement which shows the budgeted profit for Product B for next month.
What was the difference between the profit calculation using marginal costing and the profit calculation using absorption costing?
A. $2870
B. $3610
C. $2750
D. $3010
E. $2950
Answer: E
NEW QUESTION: 2
Which is the correct order of possible statements in the structure of a Java class file?
A. import, package, class
B. package, class, import
C. package, import, class
D. class, package, import
E. import, class, package
Answer: B
NEW QUESTION: 3
What is the purpose of a MAC address?
A. To uniquely identify a switch in a LAN
B. To uniquely identify a network interface in a LAN
C. To uniquely identify a device on the internet
D. To uniquely identify a router in a LAN
Answer: B