Reference: 12-03
the Axle Division of LaBate Company Makes and Sells

question 83

Multiple Choice

Reference: 12-03
The Axle Division of LaBate Company makes and sells only one product. Annual data on the Axle Division's single product follow: $$\begin{array} { | l | l | } \hline \text { Unit selling price } & \$ 50 \\\hline \text { Unit variable cost } & \$ 30 \\\hline \text { Total fixed costs } & \$ 200,000 \\\hline \text { Average operating assets } & \$ 750,000 \\\hline \text { Minimum required rate of return } & 12 \% \\\hline\end{array}$$
-Suppose the manager of the Axle Division desires an annual residual income of $45,000. In order to achieve this, Axle should sell how many units per year?

• A)19,500.
• B)18,250.
• C)16,750.
• D)14,500.

Understand the impact of various forms of public assistance and non-cash benefits on poverty statistics.

Analyze the effects of demographic factors on poverty rates.

Understand how the government measures poverty and the implications of including non-cash benefits in poverty assessments.

Comprehend the implications of tax policies on income distribution and poverty rates.

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Increased Risk

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Schizophrenia is a severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

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The process of forming conclusions, judgments, or inferences from facts or premises.

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The part of the brain located at the front of each cerebral hemisphere, responsible for decision-making, problem-solving, control of purposeful behaviors, consciousness, and emotions.