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nordsb [41]
2 years ago
12

Wang co. manufactures and sells a single product that sells for $420 per unit; variable costs are $231 per unit. annual fixed co

sts are $909,000. current sales volume is $4,220,000. compute the contribution margin per unit.
Business
1 answer:
Anon25 [30]2 years ago
4 0

The contribution margin per unit is 4809.52.

<h3>What is the contribution margin?</h3>

Contribution margin is the level of output at which revenue would equal zero.

Contribution margin = fixed cost / (price - variable cost)  

909,000 / (420 - 231)

909,000 / 189 = 4809.52

To learn more about contribution margin, please check: brainly.com/question/14902120

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Customer-focused compensation strategy

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a person who works for a firm, but is not necessarily an owner, is called multiple choice question. a shareholder an agent a sto
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Principal: The person or entity on whose behalf and subject to whose control an agent acts.

Agent: A person who agrees to act on behalf of and instead of his or her principal, subject to the principal's control.

<h3>What is the meaning of the principal-agent problem?</h3>

The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.

<h3>What is a principal-agent relationship?</h3>

The principal-agent relationship is an arrangement in which one entity legally appoints another to act on its behalf. 1 In a principal-agent relationship, the agent acts on behalf of the principal and should not have a conflict of interest in carrying out the act.

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8 0
2 years ago
which of these statements regarding unit investment trusts (uits) is correct? a) units in a uit are priced in the secondary mark
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Units are actively managed, as portfolio managers typically attempt to match the return of a stated index

<h3>What is  portfolio manager ?</h3>

A portfolio manager (PM) is a qualified individual tasked with selecting investments and carrying out related tasks on behalf of invested people or organizations. Clients put their money into a retirement fund, endowment fund, or education fund as part of the PM's investing strategy in order to develop it in the future.

PMs are in charge of developing an investment strategy, choosing the right investments, and properly allocating each investment to an investment fund or asset management vehicle. They collaborate with a team of analysts and researchers to carry out these tasks.

An investment manager's objective is to generate a return that is higher than the return anticipated given the level of risk. Investors can keep track of this return through performance reports given by the PM on a weekly, monthly, quarterly, or annual basis. A performance benchmark or a comparison of the manager's investment approach to an index may be established.

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6 0
1 year ago
Management assertions about classes of transactions are a. Occurrence. b. Completeness. c. Authorization. d. Accuracy. e. Cutoff
DaniilM [7]

Answer:

Misstatement is referred to as errors in the presentation of financial information that could lead to wrong decision by the users

Explanation:

Occurrence : Issuing of dummy invoices for sales that did not occur            

Completeness:  Sales invoice were not fully recorded due to omission or misplacement

Authorization: Sales are not approved by the responsible manager. No authorized signature

Accuracy : Casting of sales figure on the register is not correct.

Cutoff : Sales are not recorded in the proper accounting period. January sales being recorded in the previous year account.

Classification : Grants being wrongly recorded as revenue

Presentation : Exaggerated revenue.

5 0
3 years ago
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