M Studios Retails Their Own Brand of Camera That They

question 67

Multiple Choice

M Studios retails their own brand of camera that they manufacture in their plant for $500. The plant capacity is 1,000 units per month and variable costs are $225 per camera. Total fixed costs for the year are $2.16 million. Calculate the break-even point as a percentage of capacity.

• A) 34.5%
• B) 65.5%
• C) 50%
• D) 60%
• E) 62.5%

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Definitions:

Punishment

A concept in behavioral psychology where an unpleasant consequence follows a behavior, with the aim of decreasing or stopping that behavior.

Subjective Terms

Concepts or descriptors that are influenced by personal feelings, opinions, or experiences, lacking objective or universally accepted standards.

Objective Terms

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Student's Behavior

The actions or conduct of a student, which can include academic engagement as well as social and emotional responses, within an educational setting.