Multiple Choice
Grimaldi Chocolates projects its factory rent to be $8,000 in July when 4,000 pounds of candy are expected to be produced.If rent is a fixed cost, and if production is expected to increase to 6,000 units in August, what is the expected cost of rent in August?
A) $12,000
B) $8,000
C) $7,000
D) $10,667
E) Not enough information is provided to determine the answer.
Correct Answer:
Verified
Correct Answer:
Verified
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