Custom Furniture Manufactures a Small Table and a Large Table

question 13

True/False

Custom Furniture manufactures a small table and a large table. The small table sells for $800, has variable costs of $520 per table, and takes eight direct labor hours to manufacture. The large table sells for $1,200, has variable costs of $720, and takes sixteen direct labor hours to manufacture. If the company has no sales limitations on either product, they should make and sell as many of the large tables as possible to maximize operating income.

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Definitions:

Unconditional Positive Regard

A concept in psychology introduced by Carl Rogers that suggests offering acceptance and support to someone regardless of what they say or do.

Phallic Stage

A phase in Freudian psychosexual development, occurring from about three to six years of age, where the focus of libido (sexual energy) is on the genital area.

Opposite Sex Parent

In Freudian psychoanalytic theory, the parent of the opposite sex is considered significant in a child's psychosexual development and the formation of the Oedipus and Electra complexes.

Same-Sex Parent

A parent who is in a relationship or marriage with someone of the same gender and is raising children.