Figure 4-3

question 59

Multiple Choice

Figure 4-3.Paney Company makes calendars. Information on cost per unit is as follows:
Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10.
-Refer to Figure 4-3. What is the variable cost per unit?

• A) $5.00
• B) $4.00
• C) $3.70
• D) $1.30
• E) $4.60

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Definitions:

Scientific Management

A management theory that advocates for the scientific study of work methods to improve efficiency and productivity by optimizing tasks and work processes.

Max Weber

A German sociologist, philosopher, and political economist known for his theories on social organization, authority, and the development of capitalism.

Contingencies

Possible events or conditions that can occur in the future, often requiring planning or preparation.

Management Style

The approach and methods that a manager employs in handling and directing a team or organization.