Bovous Stores,Inc The Revenues That the Company Must Earn Annually to Make

question 59

Multiple Choice

Bovous Stores,Inc.,sells several products.Information of average revenue and costs is as follows: $\begin{array}{lr}\text { Selling price per unit } & \$ 20.00 \\\text { Variable costs per unit: } & \\\text { Direct material } & \$ 4.00 \\\text { Direct manufacturing labor } & \$ 1.60 \\\text { Manufacturing overhead } & \$ 0.40 \\\text { Selling costs } & \$ 2.00 \\\text { Annual fixed costs } & \$ 96,000\end{array}$
The revenues that the company must earn annually to make a profit of $144,000 are ________.

• A) $378,000
• B) $425,000
• C) $400,000
• D) $450,000

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Definitions:

Erving Goffman

A sociologist and writer known for his work on symbolic interactionism and the study of social interactions in everyday life.

Status Set

The entire ensemble of statuses occupied by an individual.

Achieved Prescriptive Status

A condition or status that is earned or attained through one's actions, as opposed to being ascribed by default of birth or social position.

Social Interaction

The exchange between two or more individuals, which forms the basis of social relationships and society.