Palmer Corporation Has Fixed Expenses of $240,000,and a Unit Sales

question 53

Multiple Choice

Palmer Corporation has fixed expenses of $240,000,and a unit sales price of $75.Their variable cost per unit is $40.If they sell 8,000 posters,their operating income is a:

• A)gain of $ 40,000.
• B)loss of $520,000.
• C)gain of $680,000.
• D)gain of $ 80,000.

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Definitions:

Apology

An expression of regret or sorrow for having wronged another, often with an attempt to make amends.

Admitting Fault

The act of acknowledging and taking responsibility for one's mistakes, errors, or shortcomings.

Explaining a "No"

The process of providing reasons or justifications for rejecting a request or proposal.

Damaging "No"

A refusal or rejection that may cause harm, negative consequences, or impair relationships.