Nebraska Company Produces and Sells 20,000 Units at $20 Per

question 101

Multiple Choice

Nebraska Company produces and sells 20,000 units at $20 per unit.Nebraska Company's product cost is calculated as follows: A total of 500 setups at a cost of $120 per setup are required to produce the 20,000 units.Nebraska Company has received a special order to sell 5,000 units at $10 per unit.Nebraska Company has excess capacity available,but these 5,000 units would require 60 setups.If Nebraska Company accepts the special order,what is Nebraska's increase in net income?

• A)decrease $5,000
• B)increase $20,000
• C)increase $5,000
• D)increase $2,800

Evaluate the impact of historical decisions, such as Truman's order to drop atomic bombs on Japan.

Examine the consequences of legal decisions, such as sentencing in a kidnapping case.

Assess the influence of lifestyle changes, such as the rise of convenience foods, on health and society.

Comprehend the reasons behind the delay in the average age of first marriages.

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Definitions:

Structural Unemployment

A form of unemployment caused by fundamental changes in the economy that result in a significant mismatch between the skills workers offer and the skills demanded by employers.

Minimum Wages

The lowest legal salary per hour, day, or month that employers are allowed to pay their employees.

Unemployment

The situation of being without a job, while actively looking for one.

Unemployment Insurance

A social welfare program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.