Answer the Following Questions Using the Information Below

question 103

Multiple Choice

Answer the following questions using the information below:
Gold Coast Freshair (GCF) manufactures single room-sized air conditioners.The cost accounting system estimates manufacturing costs to be $120 per air conditioner,consisting of 75% variable costs and 25% fixed costs.The company has surplus capacity available.It is GCF's policy to add a 40% mark-up to full costs.
-GCF is invited to bid on a one-time-only special order to supply 50 air conditioners.What is the lowest price GCF should bid on this special order?

• A)$4750
• B)$4500
• C)$6175
• D)$6250

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Searching

The process of looking for or systematically investigating a subject or area of interest in order to find specific information.

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A type of grief or emotional pain that occurs due to a specific situation or change in circumstances, such as losing a job or divorce.

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A contract between an insurer and an insured, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.

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Costs associated with the burial or cremation and memorial services of a deceased individual.