Ampro-Mag Makes Materials for Safely Controlling Hazardous Spills of All

question 194

Multiple Choice

Ampro-Mag makes materials for safely controlling hazardous spills of all kinds. It sells these items as a neutralizing kit priced at $100. The costs of the materials that go into each kit are $45. It costs $5 in labor to assemble a kit. The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising in trade journals, and $3,500 for the monthly salary of its owner. What is Ampro-Mag's monthly break-even point in terms of number of neutralizing kits sold?

• A) 40 kits
• B) 52 kits
• C) 104 kits
• D) 116 kits
• E) 520 kits

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Definitions:

Agricultural Development

The process of improving the efficiency and productivity of agriculture to increase the production of food and agricultural products.

Great Plains

A vast flatland that stretches across the central portion of North America, characterized by its grassy landscape and known for agriculture and ranching.

Plains Settlers

Individuals and families who migrated to settle the Great Plains of the United States during the 19th and early 20th centuries, often facing harsh conditions and conflicts.

Reservation Policy

A government policy that sets aside specific areas of land (reservations) for indigenous peoples, often with imposed restrictions on land use and sovereignty.