Kelvin Co Produces and Sells Socks

question 66

Multiple Choice

Kelvin Co. produces and sells socks. Variable costs are budgeted at $4 per pair, and fixed costs for the year are expected to total $90,000. The selling price is expected to be $6 per pair.
The sales units required for Kelvin Co. to make a before-tax profit (πB) of $12,000 are:

• A) 46,000 units.
• B) 51,500 units.
• C) 50,000 units.
• D) 51,000 units.
• E) 52,000 units.

Understand the consequences of unethical actions in professional settings.

Comprehend the process of making ethical choices in business.

Grasp the factors influencing individual values including family, culture, and personal experiences.

Understand strategies to prevent corporate crime and promote ethical behavior.

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Definitions:

Corpus callosum

A broad band of nerve fibers joining the two hemispheres of the brain, facilitating communication between them.

Cerebral hemispheres

The two halves of the brain's cerebrum, responsible for integrating sensory information and coordinating brain functions.

Nerve fibers

Long projections of nerve cells that transmit electrical impulses throughout the body.

Cerebellum

An area of the brain inferior to the cerebrum that coordinates complex skeletal muscle coordination.