Answer the Following Questions Using the Information Below

question 69

Multiple Choice

Answer the following questions using the information below:
Black Forrest manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $180 per table, consisting of 80% variable costs and 20% fixed costs. The company has surplus capacity available. It is Back Forrest's policy to add a 50% markup to full costs.
-Black Forrest is invited to bid on a one-time-only special order to supply 100 rustic tables.What is the lowest price Black Forrest should bid on this special order?

• A) $12,600
• B) $14,400
• C) $18,000
• D) $23,000

Analyze the factors influencing attribution in organizational settings and their impact on behavior.

Understand the principles of Operant Conditioning and its relevance to organizational behavior management (OB Mod).

Identify different reinforcement strategies and their applications in managing organizational behavior.

Distinguish between intrinsic and extrinsic rewards and their effects on motivation and behavior.

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Definitions:

Income Statement

A financial statement that reports a company’s financial performance over a specific accounting period, detailing revenues, expenses, and profits.

Current Year

The ongoing year or period that is currently being accounted for or considered, often in contrast to previous or future years.

Stockholders' Equity

Equity interest in a corporation, split into shares and representing ownership in the corporation's assets after liabilities are settled.

Liabilities

Financial obligations or debts that a company owes to others, which can be classified as current (short-term) or non-current (long-term).