Meco Company Produces a Product That Has a Regular Selling

question 92

Multiple Choice

Meco Company produces a product that has a regular selling price of $360 per unit.At a typical monthly production volume of 2,000 units, the product's average unit cost of goods sold amounts to $270.Included in this average is $120,000 of fixed manufacturing costs.All selling and administrative costs are fixed and amount to $30,000 per month. Meco Company has just received a special order for 1,000 units at $240 per unit.The buyer will pay transportation, and the regular selling price will not be affected if Meco accepts the order.
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Assuming Meco Company has excess capacity, the effect on profits of accepting the order would be a

• A) $60,000 increase.
• B) $60,000 decrease.
• C) $30,000 increase.
• D) $30,000 decrease.

Understand and apply various mnemonic devices and techniques for memory enhancement.

Relate to the application of the memory process in practical scenarios like job interviews and presentations.

Appreciate the importance of incorporating all senses in the memory process to improve retention.

Utilize memory and review strategies effectively for learning and recalling information.

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Definitions:

Repressed Memory

A controversial concept suggesting that memories of traumatic events can be pushed out of conscious awareness, potentially to resurface later.

Slaves

People who were forced into bondage and ownership by others, deprived of personal freedom and compelled to perform labor or services without compensation.

State

A politically organized body of people usually occupying a defined territory and governed by an authority that has the power to make and enforce laws.

Territory

An area of land under the jurisdiction of a ruler or state, often referring to regions before they achieve statehood within the United States.