Southern Instruments Makes Calculators for Business Applications

question 26

Multiple Choice

Southern Instruments makes calculators for business applications.The budgeted selling price is $120 per calculator,the variable rate is $98 per calculator and budgeted fixed costs are $150,000 per month.What is the budgeted operating income for 15,000 calculators sold in a month?

• A)$330,000
• B)$1,620,000
• C)$1,800,000
• D)$180,000

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Definitions:

Team Meetings

Gatherings of team members aimed at discussing progress, resolving issues, or planning strategies, crucial for communication and coordination within a group.

Two Bosses

A work situation where an employee reports to two different managers or supervisors simultaneously.

Matrix Structure

An organizational structure that combines two or more types of structures, typically functional and product-based.

Problem Solving

The process of identifying a problem, developing possible solution paths, and taking appropriate actions to resolve the problem.