The Maple Company Has Total Fixed Costs of $420,000

question 194

Multiple Choice

The Maple Company has total fixed costs of $420,000. It also has $210,000 in total variable costs. These costs exist at a production level of 130,000 units. The fixed cost per unit is

• A)$1.62
• B)$4.85
• C)$1.38
• D)$3.23

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Definitions:

Operant Conditioning

A teaching process in which the force of a response is influenced by either encouragement or disciplinary actions.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Trial and Error

Trial and error is a fundamental method of solving problems characterized by repeated, varied attempts which are continued until success, or until the agent stops trying.

Unlearned

Pertaining to behaviors or reactions that are innate and not acquired through learning or experience.