Multiple Choice

1. A
2. C
3. A
4. A
5. B
6. B
7. D
8. B
9. C
10. A
11. A
12. C
13. A
14. D
15. B
16. C
17. D
18. A
19. C
20. A

Problems.

1. 20,000 + (0.20  24,000) – 4,000 = 20,800

2. 2. (80,000  0.10) + (80,000  0.90  0.60) + (100,000  0.90  0.30) + (120,000  0.90  0.10) = 89,000
3. 3. (80,000  0.90  0.40) + (100,000  0.90  0.10) = 37,800