Hunter Inc Hunter Inc sells a unique product with the following information available: Sales price $100 per unit Variable costs $40 per unit Fixed costs $19,500 Units produced and sold 1,300 units Refer to Hunter Inc information above. What is the contribution margin ratio?
A) 55%
B) 25%
C) 60%
D) 40%
C
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Communication is
A. speaking or writing so that another is able to comprehend the meaning. B. interpretation of messages sent via any media. C. the combined activities of speaking and listening. D. the transfer of information and understanding from one person to another. E. a process involving only the sender, message, and receiver.
Which of the following pricing objectives is appropriate when customers have not been persuaded that significant differences exist among the competitors and that they view the product as a commodity?
A) investment pricing B) pricing for stability C) competitive pricing D) prestige pricing
Which sentence expresses numbers correctly?
A) Because the reception starts at five p.m., I will need to leave work early. B) Because the reception starts at 5 p.m., I will need to leave work early. C) Because the reception starts at 5:00 p.m., I will need to leave work early.
A chemical company spent $532,000 to produce150,000 gallons of a chemical that can be sold for $4
80 per gallon. This chemical can be further processed into a weed killer that can be sold for $9.20 per gallon. It will cost $270,000 to process the chemical into the weed killer. Which of the following is true? A) To maximize operating income, the company should continue to sell the chemical as is. B) If the company decides to process further, it will increase operating income by $578,000. C) If the company decides to process further, it will increase operating income by $390,000. D) If the company decides to process further, it will decrease operating income by $1,380,000.