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Baskin Promotions,Inc.sells T-shirts decorated for a variety of concert performers.The company has developed the following budget for the coming year based on a sales forecast of 80,000 T-shirts:
Cost of goods sold and variable operating expenses vary directly with sales,and the income tax rate is 30% at all levels of operating income.
If the concert season is slow due to poor weather,Baskin estimates that sales could fall to as low as 60,000 T-shirts.
-What unit cost did Baskin use in budgeting the cost of goods sold for the year?
Wavelength
The distance between successive peaks of a wave, typically used in the context of electromagnetic waves like light and radio waves.
Chromatic
Relating to color or the use of color, often used in the context of visual arts or color theory.
Opponent-Process Theory
A psychological model that explains how humans perceive colors as the brain processes signals from the eyes in an antagonistic manner.
Red
A color at the end of the visible spectrum of light, associated with passion or danger.
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