A company has an operating income of $20 million and total fixed expenses of $10 million. 5 million units are produced at a margin of $6 per unit
What should the margin per unit be if the company needs to achieve a break-even volume for the same number of units?
A) $1 per unit
B) $2 per unit
C) $3 per unit
D) $4 per unit
E) $5 per unit
B
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Total work-in-process during the period is the sum of the beginning work-in-process inventory and the total manufacturing costs incurred during the period.
Answer the following statement true (T) or false (F)
Miller said to Avid, a retail merchant, "Deliver this $1,500 computer to my nephew Ronald McDonald and send the bill to me." Avid did as he was requested, but Miller refused to pay the bill, claiming that the nephew was really not interested in using the computer. Is Miller liable?
a. Yes; an oral promise to pay one's own debt is binding. b. Yes; an oral promise to pay the debt of another is binding. c. No; an oral promise to pay the debt of another is not binding. d. No; there was no consideration for the oral promise.
Describe how trainers can create a learning orientation among trainees in contrast to a performance orientation. (Be sure to define learning orientation and performance orientation in your answer to demonstrate your understanding of these concepts.)
What will be an ideal response?
________ refers to the actions taken by an organization in response to a service failure.
A. Procedural recovery B. Service inconsistency C. Service recovery D. Outcome fairness E. Service paradox