For the next year, Hall & Co
predicts sales of 15,000 units of a product with a contribution margin of $6 per unit and 30,000 units of another product with a contribution margin of $10 per unit. The weighted-average contribution margin per unit is $8.67.
Indicate whether the statement is true or false
TRUE .Total contribution = ($6 x 15,000 ) + ($10 x 30,000 ) = $90,000 + $300,000 = $390,000
Weighted-average contribution margin per unit = $390,000 / 45,000 = $8.67
You might also like to view...
As a(n) ______________________________, the accountant can become involved with any or all of the AIS acquisition phases
Fill in the blank(s) with correct word
Traditionally, the __________ have been the most popular distribution channels for industrial products
A) retail stores and direct sales B) sales force and industrial distributors C) Internet and retail stores D) personal selling and wholesalers
Which of the following is true about advertising spending in the United States?
A. Advertising spending in the United States was $450 billion in 2015. B. Firms spend an average of only about 2.5 percent of their sales dollars on advertising. C. Advertising in the United States accounts for roughly 50 percent of worldwide advertising spending. D. The advertising spending as a percent of sales dollars remains same for all product categories. E. Firms spend more money for advertising business products than consumer products.
The Comprehensive Environmental Response, Compensation, and Liability Act is commonly called the Superfund
Indicate whether the statement is true or false