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Murphy Company Produces Flash Drives for Computers Which It Sells

question 70

Multiple Choice

Murphy Company produces flash drives for computers which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2800 for the month. How much does Murphy's operating income increase for each $1000 increase in revenue per month?


Definitions:

Moral Judgments

Decisions or evaluations about the rightness or wrongness of actions, often based on a set of ethical principles or societal norms.

Phallic Stage

The third stage in Freud's theory of psychosexual development, occurring around age 3 to 6, where the focus of the libido is on the genital area.

Gender Identity

A person's internal sense of their own gender, whether it be male, female, a blend of both, or neither, and how they perceive themselves and what they call themselves.

Superego

In psychoanalytic theory, the part of the personality that acts as a critical and moralizing force, guiding behavior to conform with societal standards.

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