Grate Company's Product Has a Selling Price of $15 and a Per-Unit

question 31

Multiple Choice

Grate Company's product has a selling price of $15 and a per-unit variable cost of $8. Its fixed costs are $14,000. How many units must the company sell to earn a profit of $35,000?

• A) 2,334
• B) 3,000
• C) 6,125
• D) 7,000

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Definitions:

Same-sex Attraction

An emotional, romantic, or sexual attraction to individuals of the same gender.

Self-identify

Self-identify refers to the recognition and assertion of one's own identity, beliefs, and characteristics as they see fit.

Gay Or Bisexual

Terms used to describe sexual orientation; 'gay' typically refers to a homosexual orientation, while 'bisexual' refers to an orientation towards both men and women.

Set-point Theory

The hypothesis that individuals have a genetically determined range of weight and temperature that their body regulates to maintain at a stable level.