Use the Following Information for Questions

question 59

Multiple Choice

Use the following information for questions
Management of the Catering Company would like the Food Division to transfer 10,000 cans of its final product to the Restaurant Division for $30. The Food Division sells the product to customers for $70 per unit. The Food Division's variable cost per unit is $35 and its fixed cost per unit is $10.
-If the Food Division has 10,000 units available capacity, what is the minimum transfer price the Food Division should accept?

• A) $30
• B) $35
• C) $45
• D) $70

Describe the historical development and foundational theories of behaviorism.

Identify and explain the role of cognitive processes in classical conditioning.

Discuss the application of classical conditioning principles in real-world settings, including advertising and behavior modification.

Understand the concept of observational learning and its significance in understanding human and animal behavior.

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Definitions:

Sales Discounts

Reductions granted on the selling price of goods or services to encourage prompt payment by the customer.

Cash Collection

The process of gathering and managing payments received from customers.

Discount Period

The period between the issuance of a bill, note, or bond and its maturity date, during which it may be purchased at a reduced price to yield interest upon redemption at full price.

Receivables Turnover Ratio

A financial metric that measures how efficiently a company collects its outstanding receivables over a period, calculated as sales divided by average accounts receivable.