If the Incremental Costs for a Special Order of 4,000

question 40

Multiple Choice

If the incremental costs for a special order of 4,000 units are $6,600 and the company would like to earn a minimum of $1.10 profit per unit,the minimum bid price would be

• A)$1.65 per unit.
• B)$2.50 per unit.
• C)$2.75 per unit.
• D)$3.46 per unit.

---

Definitions:

Paper Money

Currency made from paper as opposed to metal coins, officially issued by the government as legal tender.

Webster-Hayne Debate

U.S. Senate debate of January 1830 between Daniel Webster of Massachusetts and Robert Hayne of South Carolina over nullification and states’ rights.

Federal Government

The national government of a federation, which holds authority over the entire territory of the federation, managing affairs that affect the country as a whole.

Nullify

To legally invalidate or render void an action, law, or agreement.