The Axle Division of LaBate Company Makes and Sells Only

question 70

Multiple Choice

The Axle Division of LaBate Company makes and sells only one product. Annual data on the Axle Division's single product follow:
$\begin{array}{|l|r|}\hline \text { Unit Selling Price } & \$ 50 \\\hline \text { Unit Variable Cost } & \$ 30 \\\hline \text { Total Fixed Costs } & \$ 200,000 \\\hline \text { Average Operating Assets } & \$ 750,000 \\\hline \text { Minimum Required Rate of Return } & 12 \% \\\hline\end{array}$
-If Axle sells 15,000 units per year,what would be the residual income?

• A) $10,000.
• B) $30,000.
• C) $50,000.
• D) $100,000.

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Indigenous peoples of the United States, including both the mainland and Alaska, with diverse cultures, languages, and histories.

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