Loopy Company Had the Following Information: at a Manufacturing Level

question 137

Multiple Choice

Loopy Company had the following information: At a manufacturing level of 5,000 units, variable and fixed manufacturing costs are $30 and $10 per unit, respectively.Selling price is $60 per unit._____ is the total manufacturing cost for 15,000 units.

• A)$450,000
• B)$500,000
• C)$570,000
• D)$900,000

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Definitions:

Protons

Positively charged particles found within an atom's nucleus, contributing to the atom's mass and defining the element.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom, involved in chemical bonds and electricity.

Chemical Equation

A chemical equation is a symbolic representation of a chemical reaction, displaying the reactants and products with their respective chemical formulas.

Reactant

Substance that participates in a chemical reaction. Compare with product.