Use This Information for Magpie Corporation to Answer the Questions

question 18

Multiple Choice

Use this information for Magpie Corporation to answer the questions that follow.
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Magpie Corporation uses the total cost concept of product pricing. Below is the cost information for the production and sale of 60,000 units of its sole product. Magpie desires a profit equal to a 25% rate of return on invested assets of $700,000.
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$$\begin{array} { l r } \text { Fixed factory overhead cost } & \$ 38,700 \\\text { Fixed selling and administrative costs } & 7,500 \\\text { Variable direct materials cost per unit } & 4.60 \\\text { Variable direct labor cost per unit } & 1.88 \\\text { Variable factory overhead cost per unit } & 1.13 \\\text { Variable selling and administrative cost per unit } & 4.50\end{array}$$
-The cost per unit for the production and sale of the company's product is

• A) $12.11
• B) $12.88
• C) $15.00
• D) $13.50

Understand the physiological differences between muscle types and their implications for movement and function.

Understand the role and function of neurotransmitters in nerve-muscle signaling.

Identify and describe the structure and function of muscle components.

Comprehend the biochemical and physiological processes involved in muscle contraction and relaxation.

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Definitions:

Dangerous Probability

A legal standard used to assess the likelihood that a particular action will cause harm or violate a law.

Monopoly Power

The ability of a single entity or company to control a significant portion of the market for a particular good or service, allowing it to set prices and limit competition.

Total Assets

The entirety of what a company or individual owns, including money, securities, equipment, and real estate.

Sherman Act

A landmark federal statute in the antitrust law that prohibits monopolistic practices and promotes competition.