Multiple Choice
Parker Industries is a small company with a big name! Parker Industries is actually a one-person company that imports strands of LED lights from China and sells them through its website. Parker's only overhead is a storage unit for inventory that costs $125 a month and a $25 monthly fee for website hosting. Currently, Parker imports the lights for $.99 each (including inbound shipping) and sells them for $4.49. Parker also pays shipping expenses of $.50 per light strand. What is Parker's monthly fixed costs?
A) $150
B) $125
C) $.99
D) $1.49
Correct Answer:
Verified
Correct Answer:
Verified
Q103: Jamara has started a home party business
Q104: MycroFiber is a producer of microfiber material
Q105: Maddie noticed that many students on campus
Q106: Prestige pricing establishes a relatively high price
Q107: You would like to apply breakeven analysis
Q109: Brands which can differentiate themselves from competitors
Q110: Jamara has started a home party business
Q111: Define price. Explain why setting prices can
Q112: Vandelay Industries manufactures a range of latex
Q113: Breakeven analysis is an effective tool to