Anthony Company Has Fixed Costs of $30,000 Per Month

question 148

Multiple Choice

Anthony Company has fixed costs of $30,000 per month. Highest production volume during the year was in January when 100,000 units were produced, 75,000 units were sold, and total costs of $630,000 were incurred. In June, the company produced only 55,000 units. What was the total cost incurred in June?

• A)$480,000
• B)$360,000
• C)$630,000
• D)$830,000

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Definitions:

Spindle Fibers

Protein structures that form during cell division to separate chromosomes into the daughter cells.

Centrioles

Cylindrical structures found in animal cells that play a crucial role in cell division by helping to organize the mitotic spindle.

Anticodon

A sequence of three nucleotides in a tRNA molecule that pairs with a corresponding codon in mRNA during protein synthesis.

Molecules

The smallest chemical units of a substance that retain its chemical properties, consisting of one or more atoms bonded together.