Staley Co Manufactures Computer Monitors

question 83

Multiple Choice

Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data:Assume that Staley Co. is currently selling 600 computer monitors per month and monthly fixed costs are $80,000.
Staley Co.'s margin of safety ratio (MOS%) if 600 units are sold would be (round intermediate calculation up to nearest whole number of units) :

• A) 33.4%.
• B) 17.7%.
• C) 20.5%.
• D) 19.5%.
• E) 79.5%.

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Definitions:

Elected Official

An individual who has been chosen by voters to hold a public office through a democratic electoral process.

Direct Democracy

Direct democracy is a form of government in which citizens directly participate in the decision-making processes, rather than through elected representatives, often through referendums and initiatives.

Gerrymandering

The manipulation of electoral district boundaries to favor one party or class.

Retrospective Voting

A theory in political science where voters make decisions based on a politician's or a political party's past performance rather than future promises.