Helping Hands Is a Nonprofit Organization That Supplies Electric Fans

question 128

Multiple Choice

Helping Hands is a nonprofit organization that supplies electric fans during summer for individuals in need. Fixed costs are $290,000. The fans cost $26 each. The organization has a budgeted appropriation of $675,000. How many people can receive a fan during summer?

• A) 11,154 people
• B) 14,808 people
• C) 25,962 people
• D) 37,116 people

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Definitions:

Third Party

An individual or entity that is not directly involved in a transaction or agreement but may be affected by it or have an interest in its outcome.

Settlement

An agreement reached between parties in a dispute, often involving payment or other terms, to resolve the dispute without further litigation.

Good Faith

Acting with honesty and integrity.

Collective Bargaining

A procedure for settling terms and conditions of employment by negotiation between an employer and its employees as expressed through representatives chosen by them.