Ambrosia Foods produces a gourmet condiment that sells for $24 per unit. Variable cost is $6 per unit, and fixed costs are $8000 per month. If Ambrosia expects to sell 1500 units, compute the margin of safety in units. (Round any intermediate calculations and your final answer to the nearest whole unit.)
A) 444 units
B) 1056 units
C) 1500 units
D) 19 units
B) 1056 units
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When making negative announcements about routine business matters,
A) the direct approach is generally best. B) the indirect approach is best in most cases. C) it is best to combine the direct and indirect approaches. D) there is no need to close on a positive note. E) using a buffer is not acceptable.
Misleading financial reports are not considered fraudulent if they are the result of the misapplication of accounting principles
Indicate whether the statement is true or false
The first step in creating effective advertising messages is ________
A) selecting specific media vehicles B) planning a message strategy C) determining return on advertising investment D) choosing media timing E) executing the message
Why did press secretary Jerald ter Horst resign from his post with President Gerald Ford?
A) He did not believe that President Ford should have pardoned Richard Nixon. B) He was suffering from serious health problems. C) He could not stand with President Ford during impeachment hearings. D) He accepted a position with a high-profile lobbying firm.