Using the Variable Cost Concept Determine the Selling Price for 30,000

question 77

Multiple Choice

Using the variable cost concept determine the selling price for 30,000 units using the following data: Variable cost per unit $15.00, total fixed costs $90,000 and desired profit $150,000.

• A) $10
• B) $15
• C) $8
• D) $23

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Definitions:

Aversive Conditioning

A behavioral technique that involves modifying behavior by associating an undesired behavior with an unpleasant stimulus.

Physical Pain

A distressing sensation and emotional experience associated with actual or potential tissue damage.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Token Economy

A behavioral modification system that uses tokens as a form of positive reinforcement for desirable behaviors, exchangeable for rewards.