The University Store, Incorporated Is the Major Bookseller for Four

question 40

Multiple Choice

The University Store, Incorporated is the major bookseller for four nearby colleges. An income statement for the first quarter of the year is presented below: On average, a book sells for $40.00. Variable selling expenses are $3.00 per book; the remaining selling expenses are fixed. The variable administrative expenses are 5% of sales; the remainder of the administrative expenses are fixed.The cost formula for selling and administrative expenses with "X" equal to the number of books sold is:

• A) Y = $105,000 + $3X
• B) Y = $105,000 + $5X
• C) Y = $110,000 + $5X
• D) Y = $110,000 + $33X

---

Definitions:

Praise

Expression of approval, commendation, or admiration directed towards someone for their actions or achievements.

Positive Behavior

Actions that contribute to the well-being of oneself and others, promoting a positive and constructive environment.

State of Flow

A mental state where a person is fully immersed and engaged in an activity, experiencing enjoyment and focus.

Positive Psychology

A branch of psychology focused on studying and promoting aspects of the human experience that lead to happiness, fulfillment, and flourishing.