Paige Corporation Observed That When 25,000 Units Were Sold, a Particular

question 57

Multiple Choice

Paige Corporation observed that when 25,000 units were sold, a particular cost amounted to $75,000, or $3.00 per unit. When volume increased by 10%, the cost totaled $82,500 (i.e., $3.00 per unit) . The cost that Paige is studying can best be described as a:

• A) variable cost.
• B) fixed cost.
• C) semivariable cost.
• D) discretionary fixed cost.
• E) step-fixed cost.

Learn about protective laws and ordinances that regulate sales activities to protect consumers.

Comprehend the role of codes of ethics and ethics committees in fostering ethical conduct in business.

Understand the significance of whistle-blowing procedures in maintaining ethical standards in businesses.

Develop an awareness of the impact of bribery and corruption in sales and marketing.

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Definitions:

Social Media

Digital platforms that facilitate creation, sharing, and exchange of information, ideas, and content among users, fostering community and communication.

Authentic

Genuine, original, or of verifiable origin and not a copy or imitation.

Direct Marketing

A strategy that involves direct communication with potential customers through various channels, aiming to generate a specific response or transaction.

Database Management

The process of storing, organizing, and managing data using database management systems (DBMS) to ensure data accessibility, accuracy, and security.