Faulks Corporation Is a Shipping Container Refurbishment Company That

question 321

Multiple Choice

Faulks Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished.The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. When the company prepared its planning budget at the beginning of August, it assumed that 23 containers would have been refurbished.However, 26 containers were actually refurbished during August. The amount shown for total expenses in the planning budget for August would have been closest to:

• A)$111,904
• B)$126,500
• C)$122,400
• D)$128,100

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Definitions:

Unreasonable Risk

A hazard or danger that surpasses what is considered acceptable or safe under the circumstances.

National Priority List

A list in the United States under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) identifying hazardous waste sites eligible for long-term remedial action financed under the federal Superfund program.

Federal Insecticide, Fungicide, and Rodenticide Act

A United States law that regulates the distribution, sale, and use of pesticides to protect human health and the environment.

Pesticide Residue

The traces of chemicals that remain on or in crops, fruits, vegetables, and soil after pesticide application, which can pose health risks.