Answer the Following Questions Using the Information Below

question 124

Multiple Choice

Answer the following questions using the information below:
The following information is for Alex Corp:

-If the sales mix shifts to one unit of Product X and two units of Product Y, then the weighted-average contribution margin will ________.

• A) increase per unit
• B) stay the same
• C) decrease per unit
• D) decrease by $0.50 per unit

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Definitions:

Professional Management

The process of overseeing and handling investment portfolios by experts or specialized firms to achieve specified investment objectives.

Investment Companies

Firms that pool funds from individuals to collectively invest in stocks, bonds, and other securities, offering diversification and professional management.

NAV

Net Asset Value, the total value of a fund's assets minus its liabilities, often used to determine the price of shares in a mutual fund or ETF.

Year-End Assets

The total value of all assets held by an entity at the end of a financial year.