Warbler Gifts reported the following information for the sales of their single product: TotalPer UnitSales$300,000 $10 Variable expenses 180,000 6 Contribution margin 120,000 $4 Fixed expenses 100,000 Net operating income$20,000 Warbler's salesmen have proposed to decrease the selling price by 50 cents per unit. How many units will need to be sold for Warbler to earn at least the same net operating income? (Round your intermediate calculations to 2 decimal places.)
A. 36,000 units
B. 28,572 units
C. 5,715 units
D. 34,286 units
Answer: D
You might also like to view...
When the relationship ends, it is in which stage, according to Knapp and Vangelisti?
A. debonding B. intensifying C. stagnating D. terminating
Which of the following facts makes listening difficult?
a. The human ear is unable to keep up with the speech rate of most speakers. b. Our minds process much faster than a speaker can talk. c. The listener often thinks ahead to anticipate future points and evaluate the ideas heard. d. Making written notes short circuits the listening activity.
Refer to the payoff table. Using the Laplace criterion, what would be the highest expected payoff?
A) $103.3 B) $108.3 C) $120 D) $125 E) $145
The CEO of JLI Corp. decided to expand into a new market in 2010. At the end of 2010, JLI's stock
price had decreased 5% since the beginning of the year. Which of the following statements is MOST correct? A) The CEO made a poor decision to expand because the stock price decreased during the year. B) CEO decisions are irrelevant because the efficient market determines the value of a company's stock. C) The CEO's decision may have been optimal, keeping the stock price from falling more than 5% for the year. D) The CEO made a poor decision to expand because the company's profits for the year obviously decreased, causing the drop in stock price.