Kandy Corporation Sells a Product for $25 Per Unit and Has

question 15

Multiple Choice

Kandy Corporation sells a product for $25 per unit and has the following costs for the product

Kandy received a special order for 100 units of the product.The order would require rental of a special tool which costs $200.What is the minimum price per unit the company should charge for this special order if they wish to earn a $600 profit? Assume Kandy is currently producing and selling at maximum capacity.

• A)$23
• B)$24
• C)$26
• D)$28

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Definitions:

Solo Effect

The solo effect occurs when an individual working alone on a task performs differently, typically better, than when working in a group.

Minority Groups

Demographic groups that are smaller in number within a larger society or community, often distinguished by cultural, ethnic, or racial differences.

Leaders

Individuals who guide, influence, or command groups, organizations, or countries.

Situational Leadership Theory

A leadership model that proposes the effectiveness of a leadership style is contingent upon the readiness or developmental level of the leader's followers.