Calculate the number of units produced by a business if the net marketing contribution and marketing and sales expenses are $625,000 and $175,000, respectively. The margin per unit is estimated to be $25
A) 50,000
B) 25,000
C) 32,000
D) 76,000
E) 43,000
C
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Kim Sunshades Company's western territory's forecasted income statement for the upcoming year is as follows
Sales revenue $850,000 Variable costs (540,000 ) Contribution margin $310,000 Fixed costs (480,000 ) Operating loss $(170,000 ) The company's management is considering dropping the western territory and has determined that 80% of the fixed costs are avoidable. What is the change in the forecasted operating loss for the upcoming year if the western territory is dropped? Assume the company predicts an operating loss across the entire company. A) The loss will be reduced by $74,000. B) The loss will be increased by $74,000. C) The loss will be reduced by $384,000. D) The loss will be increased by $384,000.
The probability of Type II error (?) is also called the level of significance
Indicate whether the statement is true or false