Sleep Time Produces Mattresses

question 61

Multiple Choice

Sleep Time produces mattresses. Each mattress has a variable cost of $260, fixed costs of $56,000 per month, and a unit selling price of $500. If the company produces and sells 400 mattresses in February, how much profit will the company expect for March assuming that number of mattresses sold and selling price per mattress remains the same as that of February month?

• A) $96,000
• B) $160,000
• C) $40,000
• D) $200,000

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Definitions:

Nutritious Snacks

Snack foods that are high in nutritional value, providing vitamins, minerals, and energy, and contributing to overall health.

Choking

The blockage of the upper airway, which prevents normal breathing and can be a life-threatening emergency.

Finger Foods

Small pieces of food that can be easily picked up and eaten with the fingers, often introduced to toddlers during weaning.

Saturated Fat

A type of dietary fat found in animal products and certain oils that is solid at room temperature and associated with increased cardiovascular risk.