A Soft Drink Bottler Incurred the Following Factory Utility Cost

question 163

Multiple Choice

A soft drink bottler incurred the following factory utility cost: $9,246 for 5,200 cases bottled and $8,997 for 4,900 cases bottled. Factory utility cost is a mixed cost containing both fixed and variable components. The variable factory utility cost per case bottled is closest to:

• A) $1.81
• B) $1.78
• C) $1.84
• D) $0.83

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Definitions:

Proletariat

Workers; those who have no means of production of their own and so are reduced to selling their labor power in order to live.

Selling Labor

The act of offering one's work or services in exchange for compensation, typically in the form of wages or salary.

Social Group

A collection of individuals who interact with each other based on shared experiences, interests, or goals, forming a cohesive unit within society.

Class Consciousness

A term that refers to the awareness of one's social class and the interests and struggles associated with it, often discussed in the context of worker solidarity and political action.