A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000Sales revenue$1,560,000Variable manufacturing expense$660,000Fixed manufacturing expense$448,000Variable selling and administrative expense$180,000Fixed selling and administrative expense$214,000Net operating income$58,000The company's unit contribution margin is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $4.20 per unit
B. $4.50 per unit
C. $3.60 per unit
D. $6.90 per unit
Answer: C
You might also like to view...
Which of the following situations, if mutually exclusive, could we expect to provide the most benefit in terms of supporting ethical behavior and reporting in a corporate department?
a. a strong level of diversity among employees b. a company that has a strong public reputation for ethical behavior c. an ethics reporting system that allows anonymity d. a manager who has an open-door policy to discuss ethical concerns
Cameron Corp Cameron Corp has the following product information: Sales price $20 per unit Contribution margin ratio 35% Fixed costs $59,500 Refer to the Cameron Corp information above. How many units need to be sold in order to earn a target profit of $299,950?
A) 42,850 units B) 51,350 units C) 34,350 units D) 125,808 units
Which of the following are not usually not-for-profit organizations?
A. trade associations B. charitable foundations C. churches D. book stores
In a random telephone survey of 1,000 working adults in the United States, almost half of respondents reported working for an abusive supervisor at one time or another. List five workplace behaviors that would have been considered abusive, intimidating, or threatening.
What will be an ideal response?