Dapper Hat Makers Is in the Business of Designing and Producing

question 70

Multiple Choice

Dapper Hat Makers is in the business of designing and producing specialty hats.The material used for derbies costs $4.50 per unit,and Dapper pays each of its two full-time employees $250 per week.If the company makes 30 derbies in a week,what is the variable cost per derby?

• A)$4.50
• B)$15.00
• C)$16.67
• D)$21.17

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Definitions:

Business Competition

The rivalry among companies striving for greater sales, market share, and customer loyalty within the same market.

Unethical Behaviour

Actions that violate moral principles or professional standards, often causing harm to others or to the organization itself.

Organizations

Entities comprising multiple people working together toward a common goal, structured to coordinate their activities and resources efficiently.

Underpaid

Receiving less compensation for one's work than is considered fair or standard in the industry or profession.