Ramirez Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per unit of $90 and a selling price of $150. Q-Drive Plus has variable costs per unit of $105 and a selling price of $195. The weighted-average unit contribution margin for Ramirez is

A. $50
B. $71
C. $80
D. $81


Answer: D. $81

Business

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The terms "decision support systems" and "expert systems" are mentioned more and more frequently in recent years.

Answer the following statement true (T) or false (F)

Business

A certificate of deposit is:

A. an instrument in which the maker makes an unconditional promise to pay a fixed amount of money with interest to the payee on demand. B. an instrument in which the maker makes an unconditional promise to pay a fixed amount of money without interest to the payee at the specified future time. C. the most widely used form of commercial paper that is a draft payable on demand and drawn on a bank. D. an instrument containing an acknowledgment by a bank that it has received a deposit of money and a promise to repay the sum of money.

Business

Some retailers have feared that their customers will like the convenience of Internet shopping and quit shopping at their stores. To combat this, many mall retailers have tried to create a shopping experience that is entertaining because they believe that Internet retail sites are not designed to be fun. That's why you'll see fashion shows, magic acts, local singers and children's art exhibits at malls. The malls are encouraging ________ behavior.

A. Avoidance B. Holistic C. Cognitive D. Social interaction E. Ergonomic

Business

Bedrock Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available: The ending inventory balance of $412,000 included $72,000 of consigned inventory for which Bedrock was the consignor.  The ending inventory balance of $412,000 included $22,000 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year.  Based on this information, the correct balance for ending inventory on December 31 is:

A. $318,000 B. $390,000 C. $340,000 D. $412,000 E. $362,000

Business