To determine the number of units needed to earn a target profit, divide the target contribution margin by the contribution margin per unit.
Answer the following statement true (T) or false (F)
False
To determine the number of units needed to earn a target profit, divide total fixed costs plus profit by the contribution margin per unit.
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Mohr Company purchases a machine at the beginning of the year at a cost of $33,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $6000 salvage value. Depreciation expense in year 2 is:
A. $6600. B. $27,000. C. $13,200. D. $0. E. $5400.
The recency effect is the tendency for the last item presented to be the best remembered and should be used when the message is likely to be contrary to the receiver's current point of view.
Answer the following statement true (T) or false (F)
A statement of opinion is considered to be a warranty
Indicate whether the statement is true or false
Internal forces for change can usually be traced to process and ________ problems.
A. financial B. behavioral C. training D. management