Forever Quilting Is a Small Company That Makes Quilting Kits

question 186

Multiple Choice

Forever Quilting is a small company that makes quilting kits priced at $120. The costs of the materials that go into each kit total $45. It costs $5 in labor to assemble a kit. The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising, and $4,500 for the monthly salary of its owner. Forever Quilting's unit variable cost for its kits is

• A)$5.
• B)$45.
• C)$50.
• D)$120.
• E)$170.

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Definitions:

Environmental Impact Statement

An Environmental Impact Statement is a document that provides detailed information about the significant environmental effects of a proposed project.

Federal Action

Formal measures or interventions taken by the federal government, usually implying legislation, regulations, or legal proceedings.

Clean Water Act

United States federal law aimed at reducing pollution in the nation's waterways and regulating the discharge of pollutants.

Discharge of Pollutants

Refers to the release of contaminants or pollutants into the environment, including air, water, and soil, often regulated by environmental laws.