TriTech Company Sells a Product for $12

question 104

Multiple Choice

TriTech Company sells a product for $12. Variable costs are $6 per unit, and total fixed costs are $6,000. How many units must Melody sell to earn an operating profit of $240?

• A) 62
• B) 1,040
• C) 1,260
• D) 1,480

---

Definitions:

Punitive Damages

Financial compensation awarded to a plaintiff, exceeding simple compensation, to punish the defendant for egregious behavior.

Maritime Common Law

A body of laws that governs nautical issues and private maritime disputes.

Hazardous Waste

Wastes that are dangerous or potentially harmful to public health or the environment.

Shipments

The act of transporting goods from one place to another, often commercially.