Total Costs Are $140 000 When 10 000 Units Are

question 22

Multiple Choice

Total costs are $140 000 when 10 000 units are made. Of this amount, variable costs are $4 per unit. What are the total costs when 8000 units are produced?

• A) $140 000
• B) $136 000
• C) $132 000
• D) $124 000

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Definitions:

Mean Score

The arithmetic average obtained by adding together all the scores and dividing by the number of scores.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values.

IQ Tests

Standardized tests designed to measure human intelligence and cognitive abilities in comparison to an age-specific normative population.

Flynn Effect

The observed rise over time in standardized intelligence test scores, thought to reflect changes in environmental factors.