Use the Information Below to Answer the Following Question(s)

question 42

Multiple Choice

Use the information below to answer the following question(s) .
Paris Plastics has monthly fixed costs of $90,000, while its variable costs are $4.00 per unit. The sales price per unit is $16.00 and Paris Plastics sold 12,000 units.
-Paris Plastics' total sales revenue will be

• A) $192,000.
• B) $144,000.
• C) $90,000.
• D) $54,000.

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Definitions:

Vicarious Liability

A legal principle wherein one party is held liable for the actions of another party, often used in employer-employee relationships.

Legal Responsibility

The obligation to act in accordance with the law and be accountable for one's actions in a legal context.

Acts of Another

Legal principle referring to the actions of a person that can affect the legal rights or responsibilities of another person.

Twelve-Month Period

A continuous period of twelve months that may be used for measurement or as a condition for certain legal and employment matters.