Piper Corp

question 173

Multiple Choice

Piper Corp.is operating at 70% of capacity and is currently purchasing a part used in its manufacturing operations for $24 per unit.The unit cost for the business to make the part is $36,including fixed costs,and $26,not including fixed costs.If 15,000 units of the part are normally purchased during the year but could be manufactured using unused capacity,what would be the amount of differential cost increase or decrease from making the part rather than purchasing it?

• A) $30,000 cost decrease
• B) $180,000 cost increase
• C) $30,000 cost increase
• D) $180,000 cost decrease

Recognize appropriate length and structure of psychological assessment reports.

Identify essential components to include in the diagnosis section of an assessment report.

Understand how to effectively summarize and conclude a psychological assessment report.

Identify what constitutes a client's cognitive functioning during assessments.

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Definitions:

Economic Ideals

Principles or standards of economic behavior that are considered optimal or desirable by a society or individual, often guiding economic policies or personal financial decisions.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to more interconnected and interdependent world economies.

Foreign Aid

Financial or material assistance given by one country to another for purposes of relief, development, or to influence the receiving nation's policies.

Poverty Levels

Indicators that measure the economic status of individuals or populations, often defined by income thresholds below which persons are considered to be living in poverty.