Examlex

Solved

Affinity Makes a Single Product, Pool Pumps How Much Is the Contribution Margin Per Unit of Inventory

question 34

Multiple Choice

Affinity makes a single product, pool pumps. Information for 2014 appears below:  Sales in units 5,800 Production in units 6,200 Beginning inventory 1,500 Variable production cost per unit $46.00 Variable selling cost per unit $6.00 Fixed production cost per year $31,000 Fixed selling and administrative cost per year $24,000 Selling price per unit $75.00\begin{array} { l r } \text { Sales in units } & 5,800 \\\text { Production in units } & 6,200 \\\text { Beginning inventory } & 1,500 \\\text { Variable production cost per unit } & \$ 46.00 \\\text { Variable selling cost per unit } & \$ 6.00 \\\text { Fixed production cost per year } & \$ 31,000 \\\text { Fixed selling and administrative cost per year } & \$ 24,000 \\\text { Selling price per unit } & \$ 75.00\end{array} How much is the contribution margin per unit of inventory?

Understand the impact of Rosenhan's study on the perception of mental health systems.
Understand the basic principles of classical conditioning, including the roles of conditioned and unconditioned stimuli and responses.
Comprehend the effects of intermittent pairing on the rate and strength of learned responses.
Recognize classical conditioning examples in animals and humans across various settings.

Definitions:

Settlement Choice

The option provided to parties in a financial instrument or contract to settle obligations either through cash payments or by other means.

Present Obligation

A duty or responsibility that a company is currently required to fulfill, typically as a result of past events.

Corporation

A legal entity recognized by law as separate from its owners, possessing rights to own assets, incur liabilities, and conduct business.

Prospectus

A document required that describes the current status of a business and its future prospects.

Related Questions