Answer:
$7.85
Explanation:
Provided that
Selling price per unit = $24.15
Variable cost per unit = $16.30
Total fixed cost = $25,400
Budgeted sales 8,400 units
The formula to compute the contribution margin per unit is as follows
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $24.15 - $16.30
= $7.85
By deducting the variable cost per unit from the selling price per unit we can find out the contribution margin per unit
A social enterprise is a business that aims to achieve a particular public or community mission (social, environmental, cultural or economic), and reinvests the majority of its profits into achieving that mission.
Answer:
The correct option is B
Explanation:
The short-run supply curve is the curve which shows or represent the marginal cost curve portion and that lies or stated above the average variable cost curve.
And when the prices of market increases, then the firm or organization will supply more of its products as per the law of supply.
So, the short-run supply curve represents the supplied quantity through all the firms in the market at each price but when every firm will plant and the number of firms will remain the same.
Answer: Option B
Explanation: A Limited Liability Partnership (LLP) refers to a partnership arrangement in which some or even all associates bore limited liability. Thus, it might display partnership and corporate components. Every member in such a partnership is not accountable or liable for the wrongdoing or incompetence of another member.
One or more of the participants in such a partnership have a sort of limited liability close with that of a company's stakeholders. Those partners have all the ability to personally run the company as opposed to company shareholders.
Thus, from the above we can conclude that the correct option is B.
