Wang CoManufactures and Sells a Single Product That Sells for $450

question 48

Multiple Choice

Wang Co.manufactures and sells a single product that sells for $450 per unit; variable costs are $270.Annual fixed costs are $800,000.Current sales volume is $4,200,000.
-Compute the break-even point in units.

• A)5,500.
• B)1,933.
• C)4,444.
• D)2,900.
• E)1,160.

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Definitions:

Margaret Floy Washburn

Margaret Floy Washburn was an eminent psychologist who was the first woman to earn a Ph.D. in psychology and is known for her work in animal behavior and motor theory development.

Functionalism

is a theory in psychology that considers mental life and behaviour in terms of active adaptation to the person's environment.

William James

An American philosopher and psychologist, often referred to as the "Father of American psychology," recognized for his contributions to pragmatism and functionalism.

Wilhelm Wundt

A German psychologist who is generally considered the father of experimental psychology; he founded the first formal laboratory for psychological research.