Other variable costs per unit subtracted from total COGS per unit equals contribution margin per unit.
Variable costs are expenses that vary in relation to production output or sales.
Variable costs play an important role in determining a product's contribution margin, which is used to calculate a company's break-even or target profit level.
Variable costs are a direct input in the calculation of contribution margin, which is the number of proceeds collected after deducting variable costs from sale proceeds.
Every dollar of contribution margin goes directly toward covering fixed costs; once all fixed costs are covered, every dollar of contribution margin goes toward profit.
As a result, variable costs are a necessary item for businesses attempting to determine their break-even point.
Hence, contribution margin per unit is the answer.
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Answer:
Money plays the role as a store of value, a medium of exchange, as well as the unit cost of both the computer and vacation.
Explanation:
Money is a generally accepted medium of exchange or as a means of payment for goods ad services. The value of a product or a service is determined by how much money people are willing to pay for it. Hence money is also a determinant of value.
From the question,
Shen has $1537 in his account, this is the store of value he is willing to exchange for either a computer or vacation.
As he cannot afford both, he measures the opportunity cost and chooses the computer over the vacation. his check of $1.299 with which he buys the computer is his medium of exchange with which he purchased the computer.
The costs of both of the vacation and computer is the unit cost of value p;aced on both of them
This is an example of the Shoe-leather effect of inflation
Explanation: Here Carols faces a lot of inconvenience in minimizing the cash holdings he has in the fear of it losing its value in the long term. So, he pays a steep fee to convert which we can call as shoe leather costs.
Correct Answer:
Wages
Wages are the compensations or the amounts that are paid by an employee or the boss to the employer for doing some labor or work. The fourth option is Mean Salary. Mean salary is defined as the average salary of entire working population of a nation.Therefore, the answer to this question is Wages. The money received for work is wage.
Answer:
C, none of the choices
Explanation:
from the qeustion, it can be seen that Uri was offered a test ride of the car but he clearly refused. For him to have bought that car without a test drive and later realise the car has a faulty suspenion, he cannot rescind the contract on any of the bases because if he had agreed to the test drive, he would have found out about the faukty suspension and woudn't have bought that car.
It is clearly Uri's fault that he ended up with a car that has a faulty susppension. this isn't a case of fraud or mistake on the part of Stan, neither did Stan unduely influence him to buy the car according to the question.
Cheers.
