Answer the Following Questions Using the Information Below:
the Following

question 59

Multiple Choice

Answer the following questions using the information below:
The following information is for Walters Corporation:
$\begin{array}{cr}\text { Product Q: Revenue } & \$ 10.00 \\\text { Variable Cost } & \$ 2.50\\\text { Product P: Revenue } & \$ 15.00 \\\text { Variable Cost } & \$ 5.00 \\\text { Total fixed costs } & \$ 50000\end{array}$
-What is the operating profit,assuming actual sales total 150 000 units,and the sales mix is two units of Product Q and one unit of Product P?

• A)$1 200 000
• B)$1 250 000
• C)$1 750 000
• D)None of these answers are correct.

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Definitions:

Leisure Time

Free time not consumed by work or compulsory activities, where individuals can engage in activities of their choice.

Study Time

The dedicated duration individuals allocate toward educational activities to learn or enhance knowledge and skills.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to do one thing over another.

Coconuts

Tropical fruits with a hard shell, edible flesh, and water inside, often used as food or in beverages.