Answer the Following Questions Using the Information Below

question 173

Multiple Choice

Answer the following questions using the information below:
Assume the following cost information for Fernandez Company:

-The Marietta Company has fixed costs of $40,000 and variable costs are 75% of the selling price. To realize profits of $10,000 from sales of 50,000 units, the selling price per unit:

• A)must be $1.00
• B)must be $1.33
• C)must be $4.00
• D)is indeterminable

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Definitions:

Genes

The basic physical and functional units of heredity, made up of DNA, that determine the characteristics and traits of an organism.

DNA

DNA, a molecule responsible for carrying the genetic blueprints essential for the growth, development, operation, and reproduction of all recognized living organisms and numerous viruses.

Amniocentesis

A medical procedure used during pregnancy to collect a small sample of the amniotic fluid surrounding the fetus for genetic testing and diagnosing other conditions.

Fluid

In the context of abilities or intelligence, refers to the capacity to think logically and solve problems in novel situations, independent of acquired knowledge.