Apex Company Has the Following Cost Estimates: Variable Cost Per

question 41

Multiple Choice

Apex Company has the following cost estimates: variable cost per unit is $9,total fixed costs are $58,000 and the projected sales price is $13 each.The new accountant suggests that fixed costs can be reduced by $8,000.If so,how many units must be sold to produce a profit of $65,000?

• A)28,000
• B)28,750
• C)33,000
• D)29,000

Estimate the completion feasibility of orders based on lead time and available inventory.

Understand different types of faulty thinking and biases.

Recognize the importance of considering alternative explanations and critical thinking.

Identify key psychological concepts and historical perspectives in psychology.

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Definitions:

Latent Learning

A form of learning that occurs without any obvious reinforcement of the behavior or associations that are learned.

Discrimination Learning

The process of learning to respond differently to various stimuli or situations, often by recognizing differences.

Cognitive Map

A cognitive map is a mental representation of a person's physical environment, allowing them to navigate and understand spatial information.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, which should not influence future business decisions.