Tropp Corporation Sells a Product for $10 Per Unit

question 10

Multiple Choice

Tropp Corporation sells a product for $10 per unit.The fixed expenses are $420,000 per month and the unit variable expenses are 60% of the selling price.What sales would be necessary in order for Tropp to realize a profit of 10% of sales?

• A) $1,050,000
• B) $945,000
• C) $1,400,000
• D) $840,000

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Definitions:

Social Rejection

The experience of being deliberately excluded or disregarded by other individuals or groups.

Urban Overload Hypothesis

A theory suggesting that people living in densely populated urban areas experience higher levels of stress and mental fatigue due to the excessive amount of stimuli they are exposed to.

Population Density

The measure of the number of beings living in a given area, such as people per square kilometer.

Kin Selection

An adaptation method where the fecundity of an organism's close relatives is favored, possibly at the detriment of the organism's own existence and procreation.