XYZ Corporation Produced 300 Units of Output but Sold Only

question 31

Multiple Choice

XYZ corporation produced 300 units of output but sold only 275 of the units it produced.The average cost of production for each unit of output produced was $100.Each of the 275 units sold was sold for a price of $95.Total profit for the XYZ corporation would be

• A) -$3,875.
• B) $26,125.
• C) $28,500.
• D) $30,000.

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Definitions:

Trait Theory

A theory of personality that focuses on the identification and measurement of specific characteristics or traits that differentiate individuals.

Leadership

The act of guiding, directing, or influencing a group towards the achievement of goals, often involving strategic planning, motivation, and management.

Chief Executive Officer

The highest-ranking officer in a company or organization, responsible for making major corporate decisions and managing the overall operations and resources.

Corporate Takeover

The acquisition of one company by another, where the acquiring company gains control over the target company's operations and decision-making.