If the contribution margin on a new product line is $15, fixed costs are $165,000, and the total market for the product is 22,000 units, then the breakeven analysis would recommend that the company
a. abandon the new product line.
b. decrease the sales price per unit.
c. increase fixed costs (such as advertising) to lower the breakeven units.
d. adopt the new product line.
D
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Which of the following is true regarding the government-wide Statement of Activities?
A. Program revenues include charges for services, operating grants and contracts, capital grants and contracts, and taxes levied for specific purposes. B. The accrual basis of accounting is used to calculate revenues and expenses. C. Both of the above. D. Neither of the above.
When a business erroneously records expenses as assets, it has violated the measurement issue of
a. communication. b. classification. c. valuation. d. recognition.
Briefly describe the presentation stage of the selling process
What will be an ideal response?
In a production process, the total time consumed by all tasks is 45 min. The total time available is 60 min. Given this information, the balance efficiency of the production process is ______.
A. 75% B. 175% C. 25% D. 125%