Adens Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows: AverageCost per UnitDirect materials$6.25Direct labor$2.80Variable manufacturing overhead$1.55Fixed manufacturing overhead$2.40Fixed selling expense$0.50Fixed administrative expense$0.40Sales commissions$1.00Variable administrative expense$0.50 If 5,000 units are sold, the total variable cost is closest to:
A. $60,500
B. $77,000
C. $53,000
D. $65,000
Answer: A
You might also like to view...
Use the following information for the Carvel Co. to answer question The predetermined overhead rate is:
a. $5/hour. b. $83.3/hour. c. $50.6/hour. d. $53.9/hour. e. None of the answers are correct.
Which of the following code fragments would not raise an error?
A. IF rec.state = 'VA' OR 'PA' THEN a := b * .06; ELSE a := b * .04; END IF; B. IF rec.state = 'VA' OR rec.state = 'PA' THEN a := b * .06; ELSE a := b * .04; END IF; C. IF rec.state = 'VA' OR rec.state = 'PA' a := b * .06; ELSE a := b * .04; END IF; D. IF rec.state = 'VA' OR rec.state = 'PA' THEN a := b * .06; ELSE a := b * .04; END IF
A company is most likely doomed to failure in a foreign country if it _____
a. does not understand the country's culture b. does not emphasize its home country's language over that of the country c. varies its marketing mix based on the country's economic growth d. pays attention to the country's demographics
The marketing budget will depend on a number of factors such as the size of the business, time the venture has been operating, type of business, and resources available.
Answer the following statement true (T) or false (F)