Rhome Corporation's Relevant Range of Activity Is 2,000 Units to 6,000

question 99

Multiple Choice

Rhome Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows:

-If 5,000 units are sold,the variable cost per unit sold is closest to:

• A) $13.65
• B) $10.65
• C) $16.05
• D) $12.05

Grasp the basics of scientific management theory in relation to productivity.

Value the role of communication in self-understanding and understanding others.

Recognize the impact of addressing personal life conditions on employee commitment and efficiency.

Understand the significance of human relations competencies in contemporary workplaces due to societal changes.

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Definitions:

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Legal Formalities

The required procedures or steps mandated by law for ensuring that legal acts or documents are valid and enforceable.

Officers

Individuals appointed or elected to oversee the management and daily operations of a corporation or other entity, typically holding positions such as CEO, CFO, or President.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, entering into contracts, and being sued.