Answer the Following Questions Using the Information Below

question 150

Multiple Choice

Answer the following questions using the information below:
Acacia Furniture manufactures rustic furniture.The cost accounting system estimates manufacturing costs to be $140 per table,consisting of 60% variable costs and 40% fixed costs.The company has surplus capacity available.It is Acacia Furniture's policy to add a 50% mark-up to full costs.
-Acacia Furniture is invited to bid on a one-time-only special order to supply 250 rustic tables.What is the lowest price Acacia Furniture should bid on this special order?

• A)$21 000
• B)$7200
• C)$14 400
• D)$12 000

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Definitions:

Deists

People who believe in deism, the philosophical position that posits the existence of a God based on reason and natural law, without intervention in the universe or revelation to humanity.

Natural Order

The concept or belief in a pre-ordained arrangement and hierarchy within the universe, including social positions and roles, often viewed as natural or divinely structured.

Divine Revelation

The way in which God has chosen to reveal Himself and His will to humanity, which in many religions includes revelations through sacred texts, prophets, and various religious experiences.

Enlightenment Thinking

A philosophical movement of the 17th and 18th centuries emphasizing reason, individualism, and skepticism towards traditional doctrines, leading to advances in science, politics, and human rights.