Answer:
$80 per unit
Explanation:
Data provided in the question:
Per unit selling cost of the product = $150
Per unit variable cost of the product = $70
Total fixed cost per month = $1200
Now,
The unit contribution margin is calculated as:
unit contribution margin = Selling price per unit - Variable cost per unit
Thus,
unit contribution margin = $150 - $70
or
unit contribution margin = $80 per unit
Hence,
The correct answer is option $80 per unit
Answer: The correct answer is "C. produce because revenue of $1 comma 000 is greater than fixed costs.".
Explanation: The firm should produce because the revenue of 1000 is enough to cover the fixed costs and part of the variables (1000 - 800 - 600 = (-400)) so that the loss is less than if it stopped producing despite the avoidable costs (800 - 350 = 450) since if it stopped producing it would have a loss of $ 450 and producing it would have a loss of $ 400.
The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy.
Answer:
The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:
giving the bank public relations boost, thereby improving its public image.
Explanation:
The creation of publicity opportunities through this fundraiser enhances the bank's activities. Awareness of its services is created through the sponsorship. People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged. The fundraiser creates huge goodwill. Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.
A legal firm would be considered a service company because they provide legal services to clients and persons.
