The Selling Price of a Widget Is $15 and the Fixed

question 41

Multiple Choice

The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the revenue per month required to break-even.

• A) $4,800
• B) $7,200
• C) $12,000
• D) $14,400
• E) $16,000

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Definitions:

Underutilized

Not used to its fullest potential or capacity.

Human Resource

The personnel of an organization or business seen as a significant asset in terms of skills and abilities.

Disabilities

Physical or mental conditions that limit a person's movements, senses, or activities, often requiring accommodations to participate fully in society.

Consequential Theories

Philosophical theories that determine the morality of an action based solely on its outcomes or consequences.