Longstreet Inc

question 38

Multiple Choice

Longstreet Inc.has fixed operating costs of $470,000,variable costs of $2.80 per unit produced,and its product sells for $4.00 per unit.What is the company's break-even point,i.e.,at what unit sales volume would income equal costs?

• A)391,667
• B)411,250
• C)431,813
• D)453,403
• E)476,073

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Definitions:

Secondary Circular Reactions

A stage in Piaget's theory of cognitive development where infants repeat actions that produce pleasurable or interesting results, typically observed from 4 to 8 months of age.

Inborn Reflexes

Reflex actions that are present from birth, not learned, and occur naturally in response to certain stimuli, playing key roles in early development and survival.

Secondary Circular Reactions

Repetitive actions that an infant finds enjoyable and repeats for the sake of experiencing pleasure, typically observed from 4 to 8 months of age.

Object Permanence

Object permanence is the understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a critical developmental milestone in infants.