Wilton Co Reported the Following Results from the Sale of 5000

question 14

Multiple Choice

Wilton Co. reported the following results from the sale of 5000 hammers in May: sales $200000 variable costs $120000 fixed costs $60000 and net income $20000. Assume that Wilton increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income?

• A) 4000
• B) 4300
• C) 4500
• D) 5000

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Definitions:

In-Group Goals

Refer to the objectives or targets shared within a specific group of individuals who identify closely with each other.

Collectivism

A cultural value or social outlook emphasizing the importance of groups and collective action over individual goals and achievements.

In-Group Goals

Objectives or targets shared by members of a group that identify with each other and perceive themselves as part of the same group.

Big Five

A model in psychology that outlines five major dimensions of human personality traits: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.