White Labs Is a Wholesaler Who Sells Microscopes for Use

question 91

Multiple Choice

White Labs is a wholesaler who sells microscopes for use in high schools to retailers.On August 1 White contracts with the XYZ to sell 1,000 microscopes to XYZ to be delivered September 1.The contract price is set at $300 each,with a 10% volume discount if sales exceed 2,500 microscopes within the year.The probability of sales of 2,500 microscopes is expected to be 55%.Using the most-likely-amount approach the consideration to be recognized is estimated to be ________.

• A)$270,000
• B)$300,000
• C)$165,000
• D)$100,000

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Definitions:

Postconventional Level

A stage of moral development in which individuals make choices based on ethical principles.

Moral Development

The procedure by which individuals learn to adopt correct mannerisms and conduct towards fellow community members, guided by the norms, regulations, and legal frameworks of society and culture.

Moral Autonomy

The capability of individuals to make moral decisions guided by their principles and values, rather than external pressures.

Conventional Stage

A phase in Kohlberg's theory of moral development where individuals' reasoning is based on conforming to social rules and norms.