The Total Revenue R Is Directly Proportional to the Number $800$

question 82

Multiple Choice

The total revenue R is directly proportional to the number of units sold x . When $800$ units are sold, the revenue is $\$ 3,125$ . Find the revenue when $600$ units are sold. Round your answer to the nearest dollar.

• A) \(\$ 3,481\)
• B) \(\$ 2,344\)
• C) \(\$ 2,361\)
• D) \(\$ 2,696\)
• E) \(\$ 1,992\)

Ability to format and organize a bibliography correctly.

Analyze survey results through appropriate statistical techniques.

Understand the design elements of effective questionnaires.

Recognize common errors in the data-gathering stage and learn strategies to avoid them.

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Definitions:

Revenue Recognition Principle

An accounting principle that dictates the specific conditions under which revenue is recognized or accounted for.

Actual Cost

The actual expenses and costs incurred in acquiring or producing a product or offering a service.

Accounts Payable

Accounts payable is the amount of short-term debt or money owed to suppliers and creditors by a company for goods and services purchased on credit.

Accounts Receivable

The funds that a company is entitled to collect from its customers for goods provided or services rendered but not yet paid.