London Plastics Has Monthly Fixed Costs of $84,000,while Its Variable

question 170

Multiple Choice

London Plastics has monthly fixed costs of $84,000,while its variable costs are $4.00 per unit.If the sales price of a unit is $15.00 and London Plastics sell 14,000 units,the company's average fixed costs per unit will be

• A)$6.00 per unit.
• B)$10.00 per unit.
• C)$4.00 per unit.
• D)$11.00 per unit.

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Definitions:

Income Distribution

The manner in which a nation’s total earnings are divided among its population, affecting economic equality.

Self-Interest

The motivation driving individuals to pursue their own advantages or benefits, often used in economic contexts to explain rational behavior.

Command Economies

Economic systems where the government or a central authority makes all decisions regarding production and distribution of goods and services.

Success Indicator

A measurable value or metric that demonstrates the effectiveness, achievement, or progress toward a specific goal or objective.