Laner Company Has the Following Data for the Production and Sale

question 101

Multiple Choice

Laner Company has the following data for the production and sale of 2,000 units. What is the variable manufacturing cost per unit?

• A)$380
• B)$430
• C)$480
• D)$730

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Definitions:

Robinson-Patman Act

A United States federal law aimed at protecting small businesses from predatory pricing practices by larger competitors and preventing price discrimination.

Discriminate in Prices

The practice of charging different prices to different consumers for the same product or service, based on various factors such as willingness to pay, location, or purchase volume.

Unlawful

Actions or conduct that are not permitted by law and could lead to legal penalties.

Fair Trade Act

Legislation aimed at ensuring producers in developing countries are paid fair prices for their goods.