Figure 8-4 Dirth Company Sells Only One Product at a Regular Price

question 32

Multiple Choice

Figure 8-4
Dirth Company sells only one product at a regular price of £7.50 per unit. Variable expenses are 60 per cent of sales and fixed expenses are £30,000. Management has decided to decrease the selling price to £6.00 in hopes of increasing its volume of sales.
-Refer to Figure 8-4. What is the monetary sales level required to break even at the old price of £7.50?

• A)£75,000
• B)£12,000
• C)£18,000
• D)£50,000

Understand the critical factors that enhance task performance through organizational behaviour modification.

Identify effective ways to implement behaviour modelling training.

Comprehend the role of feedback, social recognition, and money as forms of positive reinforcement in the workplace.

Define types of recognition programs and their importance in organizational settings.

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Definitions:

Postindustrial Economy

An economic phase in which manufacturing no longer plays a dominant role, often characterized by an increase in service and information-based industries.

Socialism

A political and economic theory advocating for collective or governmental ownership and administration of the means of production and distribution of goods.

Capitalist Society

A socio-economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.

Programs

Planned series of activities or procedures designed to achieve a specific goal or purpose, often related to education, health, or social services.