Answer the Following Questions Using the Information Below

question 194

Multiple Choice

Answer the following questions using the information below:
Alex Furniture sells a table for $850. His fixed costs are $25,000, while his variable costs are $500 per table. He currently plans to sell 175 tables this month.
-What is the budgeted revenue for the month assuming that Alex sells 175 tables?

• A) $145,750
• B) $148,750
• C) $150,000
• D) $142,250

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Definitions:

Full-fledged Empowerment

The comprehensive granting of autonomy and authority to employees or team members to make decisions and take actions that affect their work.

Manager Decides

A process where leaders or supervisors make determinations or resolutions on behalf of a team or organization, guiding actions and strategies.

Personal Power

The influence or authority one possesses as a result of personal attributes or qualities, independent of formal positions.

Legitimate

A term that refers to something that is lawful, sensible, and justified within a given set of rules or societal norms.