The Marietta Company Has Fixed Costs of $60,000 and Variable

question 177

Multiple Choice

The Marietta Company has fixed costs of $60,000 and variable costs are 75% of the selling price.To realize profits of $10,000 from sales of 50,000 units,the selling price per unit ________.

• A) must be $1.20
• B) must be $6.00
• C) must be $5.60
• D) must be $4.23

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Definitions:

Innovative Ways

Innovative ways refer to novel methods or strategies implemented to solve problems, improve processes, or create value in new and creative manners, often leading to advancements and efficiencies.

Personal Integrity

The quality of being honest and having strong moral principles that one does not betray, either in personal or professional contexts.

Ethical Principles

Foundational beliefs that guide behaviors and decisions based on notions of what is right and wrong.

Collaborative Synergy

The ability to create an environment where people understand that success for one member of the team means success for all members of the team.