1) Bateman Corporation, which has only one product, has provided the following data
concerning its most recent month of operations:
What is the unit product cost for the month under variable costing?
A.$89 per unit
B.$97 per unit
C.$108 per unit
D.$78 per unit
2) The net cash provided by (used in) investing activities last year was:
A.$115,000
B.$(115,000)
C.$135,000
D.$(135,000)
3) Mankus Inc. is considering using stocks of an old raw material in a special project.
The special project would require all 120 kilograms of the raw material that are in stock
and that originally cost the company $816 in total. If the company were to buy new
supplies of this raw material on the open market, it would cost $7.25 per kilogram.
However, the company has no other use for this raw material and would sell it at the
discounted price of $6.75 per kilogram if it were not used in the special project. The
sale of the raw material would involve delivery to the purchaser at a total cost of $50
for all 120 kilograms. What is the relevant cost of the 120 kilograms of the raw material
when deciding whether to proceed with the special project?
A.$810
B.$870
C.$760
D.$816