Tempcon, Inc

question 82

Multiple Choice

Tempcon, Inc. sells and installs furnaces for $3,000 per furnace. The following cost formula relates to last year's operations at Tempcon:
Y = $125,000 + $1,800X
If Tempcon sold and installed 500 furnaces last year, what was its total contribution margin last year?

• A) $475,000
• B) $900,000
• C) $1,025,000
• D) $600,000

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Definitions:

Neural Activity

The electrical and chemical processes within neurons that allow the brain and nervous system to function.

Neurons

Specialized cells transmitting nerve impulses; the basic building blocks of the nervous system.

Nondeclarative Memory

A type of long-term memory that stores skills, habits, and learned responses that can be expressed without conscious thought.

Long-term Memory

The phase of the memory system that is capable of storing information for long periods, sometimes throughout life.