A contract to perform an illegal act is:

The IMA standards of ethical practice require managerial accountants to maintain their professional competence

Indicate whether the statement is true or false

North Shore Clothing Company provided the following manufacturing costs for the month of June

Direct labor cost $138,000 Direct materials cost 85,000 Equipment depreciation (straight-line) 24,000 Factory insurance 19,000 Factory manager's salary 11,000 Janitor's salary 3,000 Packaging costs 19,200 Property taxes 14,000 From the above information, calculate North Shore's total variable costs. A) $313,200 B) $71,000 C) $242,200 D) $223,000