At a Volume of 50,000 Units, MGMT Incorporated Reported Sales

question 45

Multiple Choice

At a volume of 50,000 units, MGMT Incorporated reported sales revenues of $2,050,000, variable costs of $550,000, and fixed costs of $360,000. The company's contribution margin per unit is:

• A)$7.20.
• B)$11.00.
• C)$18.20.
• D)$22.80.
• E)$30.00.

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Definitions:

Span of Control

The number of direct reports or subordinates that a manager or leader oversees, affecting managerial efficiency and organizational structure.

Organizational Levels

The layers of hierarchy within an organization, including top management, middle management, and operational staff, each with specific roles and responsibilities.

Geographic Areas

Specific physical locations on the Earth's surface, defined by natural or artificial boundaries.

Functional Departments

Organizational units within a company, built around specific tasks, areas of expertise, or operations, such as marketing, finance, or human resources.