Reference: 18_05 Thomas Company Has Total Fixed Costs of $360,000 and Variable

question 162

Multiple Choice

Reference: 18_05
Thomas Company has total fixed costs of $360,000 and variable costs of $14 per unit. If the unit sales price is reduced from $24 to $20 and advertising is increased by $10,000, sales will increase from 40,000 to 65,000 units.
-What are the contribution margin and net income under the current conditions?

• A) $650,000 and $280,000 respectively.
• B) $400,000 and $40,000 respectively.
• C) $280,000 and $40,000 respectively.
• D) $390,000 and $20,000 respectively.
• E) $400,000 and $20,000 respectively.

Comprehend the structure and function of nephrons including filtration, reabsorption, and secretion processes.

Recognize the adaptations of animals to their environments in relation to excretion and water balance.

Describe the role of excretory systems in maintaining homeostasis and their evolutionary adaptations across different taxa.

Understand the mechanisms of urine concentration and dilution in vertebrates living in various habitats.

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Definitions:

Genetically Wired

An expression referring to the way in which an organism's genetic makeup influences its behavior, traits, or abilities.

Anthropomorphism

The attribution of human traits, emotions, or intentions to non-human entities, including animals and objects.

Intelligence Ingredient

A fundamental component or factor that contributes to the makeup or functioning of intelligence.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it.