FOB is an acronym for which of the following?

Total fixed costs for Toys and Trinkets Incorporated are $88,000. Total costs, including both fixed and variable, are $155,000 if 268,000 units are produced. The total variable costs at a level of 275,000 units would be

A) $68,750. B) $159,049. C) $90,299. D) $151,055.

Tuan, Inc contracted to buy 200 monogrammed blankets from Titex, Inc Before Titex segregated and monogrammed the blankets, Tuan filed for bankruptcy. Tuan does not own title to the blankets because

a. Tuan is a merchant. b. the blankets were not identified to the contract. c. Tuan became bankrupt after the contract was formed. d. the goods were specially manufactured.