a. 50 cents
Contribution margin per unit is price per unit- variable cost per unit
1.75 - ($50,000/40,000 units)
1.75 - 1.25 = $ .50
b. $8750
Margin of safety is the expected sales - break even sales
(45,000 units * $1.75 per unit) - (40,000 *1.75)
78,750 - 70,000 = $8750
Answer:
The statement which is incorrect or not true is Option A.
Explanation:
Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report
= $200,000 × 60%
= $120,000
But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.
Therefore, the first option is incorrect.
Answer:
The correct answer is B
Explanation:
GTM (google tag manager), is a tool which allows the person to manage as well as deploy the marketing tags on the website, without modifying the code.
It is used so as to make easier for the marketers in order to execute the tags without relying on the web developers to do it.
When logging to GTM, the first thing need to be set up or create is the tag manager account so as to proceed further.
Answer:
Export
true
Explanation:
Because the price of meekers in meekertown is lower than the world price for meekers, meekers from meekertown are cheaper. so if free trade is allowed, other countries would want to purchase meekers from meekertown because it is cheaper.
So, meekertown would export meekers if free trade is allowed.
When a country is too small affect the world price, allowing for free trade will always increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.
this is so because if the country is efficient in production of a good (producing at a lower price when compared to the world price), export of the good would increase thus increasing producer surplus. if on the other hand, the country is inefficient in producing a good and the country allows for free trade, the country can import the good. this would increase consumer surplus.