Winston Co

question 43

Multiple Choice

Winston Co.had two products code named X and Y.The firm had the following budget for August:
On September 1,the following operating results for August were reported:
Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units.
The weighted-average budgeted contribution margin per unit is:

• A)$19.95.
• B)$35.50.
• C)$36.60.
• D)$40.00.
• E)$77.50.

---

Definitions:

Violation of the Lease

An act of failing to comply with the terms set forth in a lease agreement.

Future Interest

A legal right to property or an estate that becomes possessible or enjoyable at a future date.

Third Party

An entity not directly involved in a contract or agreement but who may be affected by its outcomes or can affect its execution.

Remainder

The part of an estate that is left after all other bequests and debts have been satisfied.