Young Corporation Has a High Probability of Operating at 40,000

question 18

Multiple Choice

Young Corporation has a high probability of operating at 40,000 activity hours during the upcoming period, and lower probabilities of operating at 30,000 hours and 50,000 hours. The company's flexible budget revealed the following: $$\begin{array} { l c c c } & \underline { 30,000 \text { Hours } } & \underline { 40,000 \text { Hours } } & \underline { 50,000 \text { Hours } } \\\text { Variable costs } & \$ 135,000 & \$ 180,000 & \$ 225,000 \\\text { Fixed costs } & 720,000 & 720,000 & 720,000\end{array}$$ Young's flexible-budget formula, where Y is defined as total cost and AH represents activity hours, is:

• A) Y = $4.50AH + $24AH.
• B) Y = $4.50AH + $720,000.
• C) Y = $22.50AH.
• D) Y = $180,000 + $18AH.
• E) Y = $945,000.

Examine the advantages and challenges of a federal system of government.

Understand key clauses of the U.S. Constitution and their impact on federalism (e.g., supremacy clause, necessary and proper clause).

Analyze significant Supreme Court cases and their impact on federalism.

Comprehend the distribution of powers within a federal system, including concurrent, reserved, and expressed powers.

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