In a multi-product environment:
A) cost-volume-profit analysis is not advisable to use.
B) only the product with the highest contribution margin should be sold.
C) the product with the highest sales prices per unit should account for the majority of the sales.
D) a weighted-average contribution margin per unit should be computed for all products produced and sold.
D
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The following information is available for a company's utility cost for operating its machines over the last four months.MonthMachine hours Utility costJanuary900 $5,450February1,800 $6,900March2,400 $8,100April600 $3,600Using the high-low method, the estimated total fixed cost for utilities is:
A. $3,300. B. $2,100. C. $6,000. D. $3,600. E. $1,500.
Most marketing functions can be shared in a channel, but the storing function is almost always handled by the producer.
Answer the following statement true (T) or false (F)
In a ________ game each player adopts a single strategy as an optimal strategy
Fill in the blank with correct word.
Ross-Jordan Financial has suffered losses in recent years, and its stock currently sells for only $0.60 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $12 per share. How many of the old shares must be given up for one new share to achieve the $12 price, assuming this transaction has no effect on total market value?
A. 18.00 B. 20.80 C. 16.20 D. 20.00 E. 15.60