Magic Fun Has Total Fixed Costs of $4,000,000 and Total

question 12

Multiple Choice

Magic Fun has total fixed costs of $4,000,000 and total variable cost of $2,000,000 during a month when it sold 200,000 units.What price will Magic Fun charge if it uses cost-plus pricing and a markup of 20%?

• A)$30.00
• B)$24.00
• C)$36.00
• D)$48.00

Grasp the concepts of discipline, discharge, and arbitration within the context of labor relations.

Understand the concept of duty of fair representation by unions.

Identify the legal obligations of employers towards employees, including the hiring process and wrongful dismissal.

Distinguish between an employee and an independent contractor and understand their respective rights and liabilities.

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Definitions:

Chemoreceptors

Sensory receptors that respond to chemical stimuli, playing integral roles in taste and smell, as well as internal conditions like oxygen and carbon dioxide levels.

Proprioceptors

Sensory receptors located in muscles, tendons, and joint capsules that help to provide information about body position and movement.

Photoreceptors

are specialized cells in organisms that respond to light, allowing for vision and light-guided behaviors.

Mechanoreceptors

Sensory receptors that respond to mechanical pressure or distortion, involved in detecting touch, pressure, and sound.