Southern Instruments Makes Calculators for Business Applications

question 192

Multiple Choice

Southern Instruments makes calculators for business applications. The budgeted selling price is $120 per calculator, the variable rate is $81 per calculator and budgeted fixed costs are $160,000 per month. What is the budgeted operating income for 16,000 calculators sold in a month?

• A)$624,000
• B)$1,456,000
• C)$1,920,000
• D)$464,000

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Definitions:

Shapiro's Variation

A theoretical concept or model in genetics which suggests variations in genetic transcription and translation processes.

Species Concept

A set of principles used to define what constitutes a species, involving criteria like reproductive isolation and genetic similarity.

Reproductive Isolation

A set of mechanisms or barriers that prevents different species from interbreeding, leading to the formation of new species.

Biological Species Concept

A definition of species according to which a species is a group of interbreeding natural populations that are reproductively isolated from other such groups.