Davis Company Has $20 Per Unit in Variable Costs and $800,000

question 20

Multiple Choice

Davis Company has $20 per unit in variable costs and $800,000 per year in fixed costs.Demand is estimated to be 400,000 units per year.What is the desired price per unit if a markup of 30% on total cost is used to determine the price?

• A)$26.00
• B)$37.40
• C)$28.60
• D)$34.00
• E)None of the answer choices is correct.

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Definitions:

Programmed Contact

A virtual representation of a physical contact in a PLC program, which can be turned on or off based on program logic.

JMP Instruction

A command used in computer programming to cause the execution flow to jump to a different part of the program or subroutine.

JSR Command

In programming, the JSR (Jump to Subroutine) command is used to jump from the current code to a subroutine, execute it, and then return to the original point in the code sequence, often found in assembly language or PLC programming.

MCR Command

Stands for Master Control Reset, a command in automation and control systems that resets the operation or process to a default or initial state.