Chase Company's New Product Is Expected to Have a Sales

question 30

Multiple Choice

Chase Company's new product is expected to have a sales price of $16 and variable unit price of $8.Fixed costs are expected to be $560,000.What is the break-even point in units?

• A)56,000
• B)70,000
• C)37,333
• D)80,000

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Definitions:

Conscious Thoughts

Mentally aware or deliberate thoughts that one can observe, know, and report.

Piagetian Stage

One of the developmental phases in Jean Piaget's theory of cognitive development, including sensorimotor, preoperational, concrete operational, and formal operational stages.

Sensorimotor Stage

The first stage in Piaget's theory of cognitive development, occurring from birth to approximately 2 years of age, during which infants learn about the world through their senses and actions.

Skinnerian

Pertaining to the theories and principles of B.F. Skinner, particularly regarding behaviorism and the use of reinforcement and punishment.