Bargain Town recently reported sales revenues of $800,000, a total contribution margin of $300,000, and fixed costs of $180,000. If sales volume amounted to 10,000 units, the company's variable cost per unit must have been:
A. $50.
B. $32.
C. $12.
D. $92.
E. None of the answers is correct.
Answer: A
You might also like to view...
Which of the following temporary differences ordinarily creates a deferred tax asset?
a. Accrued warranty costs b. Depreciation c. Installment sales d. Prepaid insurance
What are the six areas covered in the AICPA Code of Professional Conduct?
What will be an ideal response?
In order to build relationships with customer value, firms must do all of the following EXCEPT
A. brief their advertising people to develop ads that try to convince a customer to buy once. B. ensure that everyone in a firm works together to provide customer value before and after each purchase. C. try to eliminate costs that do not give value to customers. D. try to adopt the marketing concept. E. attract customers in the first place-and keep them satisfied after they buy.
The concentration of effort in a given field of endeavor is called:
A) concentration. B) simplification. C) specialization. D) standardization.