Valuable Electronics Uses a Standard Part in the Manufacture of Different

question 146

Multiple Choice

Valuable Electronics uses a standard part in the manufacture of different types of radios manufactured by it The total cost of producing 25,000 parts is $95,000, which includes fixed costs of $40,000 and variable costs of $55,000. The company can buy the part from an outside supplier for $3 per unit, and avoid 20% of the fixed costs. Assume that free factory space can be used to manufacture another product that can earn profit of $15,000. If Valuable outsources, what will be the effect on operating income?

• A)increase of $3,000
• B)decrease of $12,000
• C)decrease of $8,000
• D)increase of $5,000

Discuss the theories related to the development and reduction of prejudice and stereotypes.

Understand the impact of group dynamics on individual behavior, including concepts such as social loafing and facilitation.

Appreciate the importance of self-disclosure in building intimate relationships.

Examine the effect of mood and group identity on prosocial behavior and the reduction of prejudice.

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Definitions:

Fees Earned

Revenue generated from providing services to clients or customers.

Fees Payable

Liabilities owed for services rendered by a third party, such as professional consulting or management services, that have not yet been paid.

Balance Sheet

A financial statement showing a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Unearned Revenue

Income received by a company for goods or services that have yet to be delivered or performed, also known as deferred revenue.