Williams Company Has Variable Costs of $0

question 44

Multiple Choice

Williams Company has variable costs of $0.60 per unit of product. In August, the volume of production was 24,000 units and units sold were 20,000. The total production costs incurred were $31,900. What are the fixed costs per month?

• A)$17,500
• B)$19,900
• C)$9,600
• D)$14,400

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Definitions:

Arrector Pili Muscles

Small muscles attached to hair follicles that cause hair to stand upright (as in "goosebumps") in response to cold or fear.

Sebaceous Glands

Sebaceous glands are small oil-producing glands in the skin that release sebum into hair follicles, lubricating hair and the surface of the skin.

Lamellated Corpuscle

A type of nerve ending in the skin that is sensitive to pressure and vibration, also known as a Pacinian corpuscle.

Tactile Corpuscle

Sensory receptors within the dermis layer of the skin, specifically designed to detect fine touch and texture sensation through mechanical stimulation.