Answer:
4167
Explanation:
Contribution margin = fixed cost / (sales price per unit - variable cost per unit
$25,000 / ($30 - $24) = 4167.
I believe, this programmed decision could best be described by: Classical Model.
In the classical model of decision making, we based the decision on something that is the most logical and rational.
This model commonly provide the most objective solution but often fail to see how emotions and relationship between members could influence the decisions.
(C) Increase liabilities (Accounts payable) by $337.8 million.
<h3>
What is inventory?</h3>
- Inventory, often known as stock, refers to the items and supplies that a company keeps for the purpose of resale, manufacturing, or use.
- Inventory management is largely concerned with establishing the shape and positioning of stocked products.
<h3>
What is purchasing on credit?</h3>
- A credit buys, sometimes known as purchasing anything "on credit," is a purchase made today that will be paid for later.
- When you use a credit card, for example, your financial institution pays for the products or services upfront and then collects the payments from you later.
- Purchase on credit refers to an increase in liabilities.
Therefore, the correct option is (C) Increase liabilities (Accounts payable) by $337.8 million.
Know more about credit here:
brainly.com/question/26867415
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Based on the amount to be sold and the intended level of earnings, the selling price per unit should be<u> $3.40</u>
The Contribution margin needed is:
<em>= Fixed cost + Required earnings </em>
= 250,000 + 260,000
= $510,000
To get to this amount, the sales should be:
<em>Contribution margin = Sales x ( Selling price - Variable cost)</em>
510,000 = 250,000 × 0.6x
510,000 = 150,000x
x = 510,000 / 150,000
x = $3.40
In conclusion, the selling price is $3.40
Find out more about intended selling price/ quantity at brainly.com/question/25638811.
