A Company Has the Choice of Either Selling 1,000 Unfinished

question 33

Multiple Choice

A company has the choice of either selling 1,000 unfinished units as is or completing them.The company could sell the unfinished units as is for $4.00 per unit.Alternatively,it could complete the units with incremental costs of $1.00 per unit for direct materials,$2.00 per unit for direct labor,and $1.50 per unit for overhead,and then sell the finished units for $8.00 each.What should the company do?

• A)Sell the units as is.
• B)Finish the units.
• C)It does not matter because both alternatives have the same result.
• D)Neither sell nor finish because both alternatives produce a loss.Instead,the company should store the units permanently.
• E)Donate the units.

Understand and differentiate between exact simple interest and ordinary simple interest.

Calculate the length of the loan period given the interest rate, principal, and total interest.

Apply knowledge of simple interest to real-world business and personal finance situations.

Understand the concept of simple interest and its real-world application.

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Definitions:

Enzymes

Biological molecules that significantly speed up the rate of virtually all of the chemical reactions that take place within cells.

Origin Of Life

The process by which living organisms emerged from non-living matter, the specifics of which are still under scientific investigation.

Amino Acids

Organic compounds that serve as the building blocks of proteins, containing both an amino group and a carboxyl group.

Proteins

Proteins are large, complex molecules made up of amino acids and are essential for the structure, function, and regulation of the body's tissues and organs.