A Company Produces Toy Airplanes at a Variable Cost of $23

question 160

Multiple Choice

A company produces toy airplanes at a variable cost of $23 per toy.If 7,000 toys are produced at a total variable cost of $161,000,the total variable cost at 4,500 toys will be

• A)$161,000.
• B)$23.
• C)$103,500.
• D)$264,500.

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Definitions:

Incentive

A factor that inspires or prompts a person to act or behave in a specified manner.

Physiological Needs

Fundamental human necessities, such as food, water, shelter, and warmth, that must be satisfied for survival.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Esteem

The respect, admiration, or high regard that an individual is held in by others or themselves; often relates to one's reputation or standing within a community.