Based on a Predicted Level of Production and Sales of 12,000

question 101

Multiple Choice

Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $26,000 after deducting variable costs of $72,000 and fixed costs of $10,000. Based on this information, the budgeted amounts of fixed and variable costs for 15,000 units would be:

• A) $10,000 of fixed costs and $72,000 of variable costs.
• B) $10,000 of fixed costs and $90,000 of variable costs.
• C) $12,500 of fixed costs and $90,000 of variable costs.
• D) $12,500 of fixed costs and $72,000 of variable costs.
• E) $10,000 of fixed costs and $81,000 of variable costs.

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Definitions:

Action Item Registers

A tracking tool used to record tasks or actions that need to be completed, often including details such as responsible person and deadline.

Timely Decisions

Timely decisions are those made within an appropriate and strategic timeframe that allows for effective action and positive outcomes in project management or operations.

Project Celebration

An event or gathering organized to acknowledge the successful completion of a project and to celebrate the team's efforts.

Time Elapsed

Time elapsed is the total amount of time that has passed from the start of an event or activity to a particular point or its completion.