Lightfoot Company Sells Its Product for $55 and Has Variable

question 10

Multiple Choice

Lightfoot Company sells its product for $55 and has variable costs of $30 per unit. The total fixed costs are $25,000. What will be the effect on the breakeven point in units if variable costs increase by $5 due to an increase in the cost of direct materials?

• A)It will increase by 250 units.
• B)It will decrease by 250 units.
• C)It will decrease by 167 units.
• D)It will increase by 167 units.

Recognize the impact of investment in capital goods on economic growth in DVCs.

Appreciate the role of human resources and entrepreneurial efforts in economic development.

Analyze the challenges of population expansion and capital flight in DVCs.

Understand the advantages of infrastructure development in the early stages of economic development.

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Definitions:

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their business gain a competitive advantage.

Employee Selection

The process of evaluating and choosing individuals to fill job vacancies in an organization through various assessment methods.

Human Capital Perspective

A view that considers employees as assets whose value can be enhanced through investment in education, training, and development.

Productivity Resource

An asset, tool, or factor that can be utilized to enhance the efficiency or output of work processes.