If the sales price of Product X is $24.00 per unit and unit fixed cost is $7.50, its contribution margin per unit is $16.50

Indicate whether the statement is true or false


FALSE

Business

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Which of the following items is qualitative?

A. Cost of new machine B. Book value of the existing machine C. Depreciation of existing machine D. Degree to which the new machine can be integrated with existing machinery

Business

The strategy for trade union renewal which focuses on grassroots recruitment among workers traditionally under-represented by unions is referred to as:

a. servicing b. organising c. partnership d. back to basics

Business

For questions 1 through 6:Indicate how each event affects the financial statements model. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not affect that element of the financial statements or that the event causes an increase in that element, which is offset by a decrease in that same element.)Todd Co. collected $2,000 cash from customers in partial settlement of its accounts receivable.AssetsLiabilitiesEquityRevenuesExpensesNet IncomeStmt of Cash Flows???????

What will be an ideal response?

Business

Explain the role of regression models (time series and otherwise) in forecasting. That is, how is trend projection able to forecast? How is regression used for causal forecasting?

What will be an ideal response?

Business