Examlex
Answer the following questions using the information below:
Rubium Micro Devices currently manufactures a subassembly for its main product. The costs per unit are as follows:
Crayola Technologies Inc. has contacted Rubium with an offer to sell 5,000 of the subassemblies for $135.00 each. Rubium will eliminate $85,000 of fixed overhead if it accepts the proposal.
-What are the relevant costs for Rubium?
Independent Variable
Within a study, the variable which is altered or adjusted by the investigator to see its impact on the dependent variable.
Dependent Variable
The dependent variable is the variable being tested and measured in a scientific experiment, which is expected to change as a result of variations in the independent variable.
Anecdotal Evidence
Information derived from personal accounts, observations, or stories rather than from scientific analysis or hard data.
Statistical Evidence
Information derived from statistical procedures that is used to support or refute an assertion, hypothesis, or claim.
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