The Budgeted Costs Per Unit for a Company Are Fixed

question 77

Multiple Choice

The budgeted costs per unit for a company are fixed costs $2 per unit; variable costs $3 per unit. What is the expected cost of producing 1005 units?

• A) $2013
• B) $5025
• C) $3017
• D) Insufficient information to determine

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Definitions:

Ladder Logic

A graphical programming language used in programmable logic controllers (PLCs) that represents electrical control circuits with rungs of logic operations.

Rungs

The horizontal lines found in ladder logic diagrams representing electrical circuits, where each rung signifies a unique control element or condition.

Input

In computing and electronics, an input is the signal or data received by a system or component.

Normally Closed

A term used to describe a switch or contact configuration where the default state is making contact (closed), allowing current flow until actuated to open.