Figure 10-6
Multiple Products Co -Refer to Figure 10-6

question 31

Multiple Choice

Figure 10-6
Multiple Products Co. has predicted the following costs for this year for 100,000 units: $\begin{array}{lcc}&&\text { Selling and }\\&\text { Manufacturing }&\text { Administrative }\\\hline\text { Variable } & £ 400,000 & £ 100,000 \\\text { Fixed } & 600,000 & 300,000 \\\text { Total } & £ 1,000,000 & £ 400,000\end{array}$
-Refer to Figure 10-6. What is the mark up on variable costs needed to break even?

• A)100 per cent
• B)40 per cent
• C)140 per cent
• D)180 per cent

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Definitions:

Unfair Labor Practice

Activities prohibited by laws or regulations designed to protect the rights of workers and ensure fair treatment, such as discrimination, illegal firing, or retaliation.

Arbitration

The process by which an outside party settles a dispute between two other parties.

Mediation

The process by which an outside party attempts to help two other parties settle their differences.

Union Shop

A workplace where all employees must join the union within a certain period after being hired.