M and M,Inc

question 62

Multiple Choice

M and M,Inc.produces a product that has a variable cost of $3.00 per unit.The company's fixed costs are $30,000.The product is sold for $5.00 per unit and the company desires to earn a target profit of $20,000.What is the amount of sales that will be necessary to earn the desired profit?

• A) $75,000
• B) $50,000
• C) $83,333
• D) $125,000

Identifying and describing different types of rater errors in performance appraisals.

Learning strategies to reduce rater errors and improve performance appraisal accuracy.

Recognizing how personal biases can affect performance appraisal outcomes.

Understanding the factors that threaten the validity of employment interviews.

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Definitions:

Regression

In psychology, a defense mechanism leading individuals to revert to a less mature state of psychological development under stress or as an analytical process involving fitting a model to data.

Immature

Characterized by a lack of complete development, whether in a biological, emotional, or psychological sense.

Defence Mechanism

Psychological strategies employed by individuals unconsciously to protect themselves from anxiety or to maintain self-image.

Reaction Formation

A defense mechanism where an individual unconsciously replaces unacceptable impulses with their opposites.