Zach Company Produces and Sells a Product That Has Variable

question 21

Multiple Choice

Zach Company produces and sells a product that has variable costs of $7 per unit and fixed costs of $200,000 per year.If 40,000 units are produced and sold in a year,what is the total cost per unit?

• A) $7
• B) $10
• C) $12
• D) $17

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Definitions:

Orestes Brownson

A 19th-century American intellectual and theologian known for his shifting religious and political affiliations and advocating for Catholicism and working-class rights in the United States.

Karl Marx

A 19th-century philosopher, economist, and political theorist best known for his critical analysis of capitalism and his advocacy for communism as described in works like "The Communist Manifesto."

Cathode-ray Tube

A vacuum tube containing one or more electron guns and a fluorescent screen, used to display images or visualize electronic signals.

George Ohm

A German physicist known for formulating Ohm's Law, which relates the voltage across a conductor to the current flowing through it, proportional to its resistance.