It Costs Lannon Fields $14 of Variable Costs and $6

question 3

Multiple Choice

It costs Lannon Fields $14 of variable costs and $6 of allocated fixed costs to produce an industrial trash can that sells for $30.A buyer in Mexico offers to purchase 3,000 units at $18 each.Lannon has excess capacity and can handle the additional production.What effect will acceptance of the offer have on net income?

• A)decrease $4,000
• B)increase $4,000
• C)increase $54,000
• D)increase $12,000

Recognize ethical considerations and standards within supply chain management.

Understand the concept and calculation of present and future values.

Identify the impact of interest rates on the value of money over time.

Differentiate between simple and compound interest and their effects on investments.

---

Definitions:

Ethnicity

Ethnicity refers to the shared cultural practices, perspectives, and distinctions that set apart one group of people from another, usually identified by common ancestry, language, and heritage.

Biology

The systematic exploration of living entities and life itself, encompassing their anatomy, activities, growth, origins, development, and spread.

Culture

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.

Race

A social construct used to categorize and divide people into groups based on physical characteristics, ancestry, historical affiliation, or shared culture.