Jurassic Manufacturers Produces Flooring Material

question 115

Multiple Choice

Jurassic Manufacturers produces flooring material. Fixed costs are $5,000 per month. Sales price for one unit of product is $50, and the variable cost per unit is $30. If Jurassic wishes to earn an operating income of $5,000, how many units need to be sold?

• A) 500
• B) 300
• C) 450
• D) 350

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Definitions:

Population Growth

The increase in the number of individuals in a population, often examined in the context of human societies.

Urban Area

A geographical area characterized by higher population density and vast human structures in comparison to areas surrounding it.

Suburbs

Residential areas on the outskirts of a city or large town.

Napa Valley

is a renowned region in the state of California, famous for its wine production due to its favorable climate and geography.