Yes, the 15 year old could legally reverse the agreement to sell, as they are not of legal age to enter into a contract.
What is agreement?
A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and obligations of the parties. The exchange of goods, services, money, or even a promise to transfer one at all of those at a later time are common components of contracts. The injured party could seek judicial remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law that deals with contracts.
Like some other areas of private law, contract law differs from jurisdiction to jurisdiction. Common law jurisdictions, civil law jurisdictions, as well as mixed law jurisdictions, which combine elements of both common and civil law, can be used to categorise the various systems of contract law.
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Answer:
yes
Explanation:
the 15 year old could legally reverse the agreement to sell, as they are not of legal age to enter into a contract.
In our discussion of the toyota production system, what quick changeover technique, credited to japanese consultant shigeo shingo, reduced setup overhead and allowed just in time lean manufacturing to be more agile?.
The quick changeover technique that credited to Japanese consultant Shigeo Shingo, reduced setup overhead and allowed just in time lean manufacturing to be more agile is SMED.
Western automakers were taken aback by the quality and affordability of Japanese vehicles in the 1970s and 1980s. They were curious in the secrets of these Japanese automakers. Unfortunately, there was little or no English literature available.Shigeo Shingo, a Japanese consultant, was able to fill this void. He attended one QDC workshop in the late 1970s, when Toyota's method was already highly refined. Toyota immediately dissolved the business link after he began publicizing details of the Toyota Production System without permission.Shingo relocated to the United States and began consulting on lean manufacturing. In addition to claiming to have devised this speedy changeover technology, he termed it Single Minute Exchange of Die, or SMED for short. The Single Minute is an abbreviation for a single digit minute (i.e., less than ten minutes).Thus the answer for quick changeover techniques is SMED.
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The ____ index is likely to respond more quickly to price changes than are the other indexes, so it is regarded as a warning sign of inflation.
The producer price index is often regarded as a warning sign of inflation because: commodity producers are relatively quick to raise prices.
What is producer price index?A collection of indices known as the Producer Price Index (PPI) tracks the average change in selling prices domestic producers of goods and services receive over time. From the viewpoint of the seller, PPIs track price fluctuation.
While the CPI gathers prices throughout the month, the PPI tries to collect prices on a specified day of the month (the Tuesday of the week that includes the 13th). And finally, whereas the PPI excludes sales and excise taxes from its price measurements, the CPI includes them.
The producer price index (PPI) is a gauge of typical prices paid to manufacturers of products and services with domestic production. It is determined by dividing the current prices that sellers of a representative basket of commodities got from buyers by the buyers' prices in some base year multiplied by 100.
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companies that purchase inventories that are primarily in finished form for resale to customers are known as: multiple choice manufacturing companies. delivering companies. merchandising companies. service companies.
When a company purchases inventories which are primarily already in their finished form, to enable resale, they are called Merchandising companies.
What are merchandising companies?Companies are called merchandising companies when they only engage in the purchase of, and the sales of finished goods. These goods have passed through all the stages of the production process, and so are ready to be sold to the final consumer as they are. For this reason, the biggest customers of merchandising companies are consumers.
There are several examples of merchandising companies out there. Simply, put, just think of any company that only sells finished products. They can include your local deli and supermarket, or very large chain stores such as Walmart and Target. Some merchandising companies are so big that they even produce their own goods.
In conclusion, companies that deal primarily in finished goods are called merchandising companies.
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To protect themselves from the risk of disruption in deliveries because of problems at a single supplier, many buying organizations will do?
We've compiled seven crucial tactics that can lower supply chain risk and safeguard your company against production flow disruptions.
1. Expand the range of your suppliers
2: Be prepared with backup suppliers
3: Utilize risk management strategies to be ready for the worst
4. Strive for full supply chain visibility.
Share accountability by involving partners in risk planning (point 5)
Review supply chain risks on a regular basis.
Suppliers need information to run their present operations effectively and identify any opportunities for development. Directors with useful information from other entities' directors about how rival companies run their businesses, trade shows where those rivals and the company meet, other suppliers who could inform them of the state of the market, and personal contacts who spread relevant word-of-mouth information about potential major market events are some of the sources from which they could gather information.
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Under what conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy?.
Conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy is its trade balance is zero.
International economy
International economics is concerned with how disparities in consumer choices and productive resources across national boundaries, as well as the institutions operating internationally, impact economic activity. It aims to explain the trends and effects of contacts and transactions, including commerce and investment, between citizens of various nations.
International trade is the study of how commodities and services travel across national borders as a result of factors including supply and demand, economic integration, global factor movements, and regulatory considerations like tariff rates and trade quotas.
International finance examines the movement of capital among different financial markets as well as how this affects exchange rates.
The study of cross-border money flows and the consequences they have on nations' overall economy is known as international macroeconomics.
As a subfield of international relations, international political economy examines the problems and effects of, among other things, international disputes, negotiations, and sanctions; national security and economic nationalism; as well as international agreements and adherence.
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the inventory costing method that smooths out erratic changes in costs is: multiple choice fifo. weighted average. lifo. specific identification. wifo.
The inventory costing method that smooths out erratic changes in costs is the weighted average.
What is the weighted average inventory costing method?
The weighted average is an inventory costing method that allocates the cost of goods sold and the ending inventory based on the average price of the good purchased over a period. Due to the face that the average price of inventory purchased is used, it would smooth out erratic changes in the cost of the good.
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold. FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.
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a checking account at a bank is considered a ________blank because of its intangible nature.
A checking account at a bank is considered a service because of its intangible nature.
A checking account is a type of savings account that admits you to surely deposit and withdraw services for constant undertakings. This conceded possibility contains depositing a check you accept, taking out cash accompanying your card for shopping without cash, or starting direct deposit for your paychecks. Essentially, a checking account is a report created to give you a smooth approach to your services.
A service is an "(obscured) act or use for that a services, firm, or management is willing to pay." Examples involve work accomplished by barbers, doctors, advocates, workers, banks, security guests, and so on. Public aids are those that an organization (a country with its own government state, monetary merger, or domain) as a whole pays for.
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assuming the economy is operating below its potential output, what is the impact of an increase in net exports on real gdp? why is it difficult, if not impossible, for a country to boost its net exports by increasing its tariffs during a global recession?
The economy's aggregate spending will rise to C + Ig + Xn' as net exports rise. As a result, the real GDP or equilibrium level of output rises to Y', the economy's potential output.
What is GDP?
The total monetary as well as market value of all of the finished products and services produced inside a nation's borders during a specific time period is known as the gross domestic product (GDP). It serves as a thorough scorecard of the state of the economy in a particular nation because it is a broad indicator of total domestic production. Even though GDP is frequently calculated on to an annual basis, it can also be calculated quarterly. For instance, the government of the United States releases an annualised GDP estimate for both the calendar year and each fiscal quarter. Each set of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.
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deed restrictions imposed by a developer who wants to maintain specific standards in a subdivision under development are often called .
The Deed restrictions imposed by a developer who wants to maintain specific standards in a subdivision under development are often called Restrictive covenants
What is a deed restriction?This is the term that talks about a restriction imposed on how property described in a deed in the chain of title may be used. The restriction runs with the land when the property is transferred and is typically unremovable by subsequent owners. A specific kind of deed restriction is a restrictive covenant.
To get a deed restriction You will need to obtain the neighbor's or other party's permission to terminate the agreement if there is no governing body and the deed restriction is with them instead (this is typically done via a document called a Restriction Release). You can submit a copy of the Restriction Release to the county after everyone has signed it.
Restrictive covenants are terms that limit, forbid, or otherwise prevent someone mentioned in an enforceable agreement from acting in a certain way.
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Two employees have a conflict regarding an office policy that they disagree on. What kind of conflict is this?.
When the two employees have a conflict regarding an office policy that they disagree is called conflict.
Conflict is a heated argument and disagreement about a significant issue. Conflict occurs when two individuals or organizations have a significant disagreement or argument and have not yet come to a resolution. Try to limit any disagreements you may have with your ex-partner.
What is conflict?
Conflicts result from conflicts of interest, viewpoints, or even philosophical concepts. The basis of conflict can be personal, racial, class, caste, political, or even international, thus it will always exist in society. Academic recognition may or may not be a significant motivator in conflicts that are emotional, intellectual, or theoretical. Cultural conflict is a subtype of intellectual conflict, which tends to intensify through time as a result of various cultural norms and beliefs.Conflict in a group frequently takes a predetermined path. Regular group interactions are first disrupted by an internal conflict, which is frequently brought on by conflicts among the group's members, internal disagreements, or a lack of resources. The group is no longer cohesive at this phase and may divide into coalitions. In some instances, this stage of conflict escalation is followed by a stage of conflict resolution, following which the group can either revert to regular group engagement or break apart.To learn more about conflict visit:https://brainly.com/question/26083560
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which of the following benefits go to multithreaded programming? a) responsiveness b) resource sharing c) economy d) scalability
Benefits of multithreaded programming:
a) Responsiveness - continued execution if part of the process is blocked
b) Resource sharing - same address space for threads of one process
c) Economy - context-switch of threads (parts of processes)
d) Scalability - parallel running threads
Multithreading is the term used to describe a program or operating system that supports several users at once without executing multiple copies of the program on the computer. Multithreading can also be used to manage many requests from the same user.
Multithreading enables the simultaneous operation of multiple software elements. These parts, which are called threads and are accessible during the process, are compact. Multithreading makes it possible for multitasking to utilize the CPU to its fullest extent.
Multithreading also results in the minimization and better use of computational resources. Application responsiveness is improved since requests from one thread do not impede requests from other threads. Furthermore, running numerous processes concurrently consumes more resources than multithreading.
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woodstock co. had $500 of credit cards sales. the net cash receipts were deposited immediately into woodstock's bank account less a 2% fee. the entry to record this sales transaction would include a credit to: multiple choice question. accounts receivable for $490 sales in the amount for $500 accounts receivable for $500 sales for $490
The entry would include a credit of Sales for $500
Sales revenue: Any company entity's sales revenue is the money it makes from offering its products or services to customers normally over the course of business. It is disclosed in the income statement or profit & loss account of the business entity on a yearly, quarterly, or monthly basis as necessary.
The transaction will be recorded in the journal as follows:
Accounts receivable......Dr. $490
Credit card expense.......Dr. $10
To Sales Revenue........Cr. $500
(Being sales transaction)
Computing the accounts receivable:
= Sales revenue-Sales revenue*fee percentage
= $500 - $500*2%
= $490
Computing the credit card expense:
= Sales revenue*fee percentage
= $500*2%
= $10
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Al must build 25 radios before he receives $20. What schedule of reinforcement is being used?.
Al is on a fixed-ratio schedule of reinforcement.
What is reinforcement?
In behavioural psychology, reinforcement refers to a measure that is used to reinforce a behaviour whenever it is preceded by a particular antecedent stimulus. This strengthening effect can be quantified as increased behaviour frequency, duration, magnitude, or latency. Self awareness, self reflection, and self regulation are the three main facets of human behaviour that make up the self regulation model. Self-regulation and reinforcements typically go hand in hand. Consequences have the power to affect behaviour, but behaviour also requires antecedents. Reinforcement comes in four different forms. extinction, punishment, negative reinforcement, and positive reinforcement. Application of a positive reinforcer is referred to as positive reinforcement. The act of removing something negative from of the space of a subject in order to support the antecedent behaviour from that subject is known as negative reinforcement.
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how did the entrepreneur come up with the robotic lighting company?
Manufacturing LED lights is a lucrative industry to invest in for business owners. Users can create interactive electrical items using an open-source platform for electronic prototyping.
They defeated their rivals. They grew by looking closely at consumers who were unlike themselves. Successful business people use design thinking and human-centered principles to promote growth and accomplish their long-term objectives.
They deliver value to a sizable total addressable market by combining innovative ideas that address an unmet need or difficulty. Unstructured interviews look at small data samples, whereas structured interviews look at big samples. Structured interviews can perform systematic research into huge datasets because of their quantitative nature and usage of an interview sequence.
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In which stage of the product life cycle does a company usually not generate profits from a new product?.
The stage of the product life cycle in which a company usually do not generate profits from a new product is: C. introduction stage
What is a product?A product simply refers to a tangible item (physical object) that is typically created by a producer or manufacturer, in order to satisfy and meet the unending demands, needs, or wants of its customer.
What is a product life cycle?A product life cycle can be defined as the stages that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
The stages in the product life cycle.In Economics, the four (4) sequential stages in the product life cycle including the following;
Introduction.Growth.Maturity.DeclineIn conclusion, a company does not generate profits at the introduction stage of a product because these three things, customers, sales, and competitors are low.
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Complete Question:
In which stage of the product life cycle does a company usually not generate profits from a new product?
a. maturity stage
b. growth stage
c. introduction stage
d. cannibalization stage
e. decline stage
the aggressive eastern fund sold $278 million of assets during the year and purchased $295 million of new assets. the average daily assets of the fund were $438 million. what is the turnover rate? rev: 10 17 2020 qc cs-236342 multiple choice .63 1.03 .65 .67 .97
The Turnover Rate will be = 0.63
CALCULATION
Assets sold = $278 million
Average daily assets = $438 million
Turnover = Assets sold / Average daily assets
= $278 million / $438 million = 0.63Whats Turnover Rate?
The percentage of workers who leave an organisation during a predetermined time period is known as the turnover rate. it's frequently discussed in terms of employee retention rate, which counts how many workers are still employed after a certain amount of time.To Learn more about Turnover Rate, click the links
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A completely new business solution to solve marine pollution (which is caused by climate change).
- Give a clear, realistic and well-defined explanation of their solution.
- Don't plagarize completely from the internet, it should be a new and fresh idea never created before.
A completely new business solution to solve marine pollution (which is caused by climate change is the production of a new organic material that can be used to clean marine bodies.
How will this organic material look like?Chemicals and debris, the majority of which originates on land and is dumped or blown into the water, make up marine pollution. This pollution harms the ecosystem, the health of all living things, and global economic institutions.
Therefore, the organic material will be a combination of:
OystersPlants materials such as leaves, root or stemsCoconut, etc.Note that by working on the materials above, one can create an organic material that when scattered or place on top of water bodies, it will make all the pollutant to float upward and then they can be taken out of the water and also it can be taken by man as food as it is organic and would not be harmful to the body.
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on january 1, californian specialty foods purchased equipment for $12,000. residual value at the end of an estimated four-year service life is expected to be $1,200. the machine operated for 1,700 hours in the first year, and the company expects the machine to operate for a total of 10,000 hours.
Cost of equipment = $12,000
Residual value = $1,200
Useful life = 4 years
Expected hours of operation = 10,000
Hours operated in first year = 1,700
1) Annual depreciation expense = (Cost of equipment - Residual value)/Useful life
= (12,000 - 1,200)/4
= 10,800/4
= $2,700
2)Double declining depreciation rate = 2 x 1/Useful life
= 2 x 1/4
= 50%
Depreciation expense for first year = Cost of equipment x Double declining depreciation rate
= 12,000 x 50%
= $6,000
3)
Depreciation expense per hour = (Cost of equipment - Residual value)/Expected hours of operation
= (12,000 - 1,200)/10,000
= 10,800/10,000
= $1.08
Depreciation expense for first year = Depreciation expense per hour x Hours operated in first year
= 1.08 x 1,700
= $1,836
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Which of the following conditions is not true for virtual organizations?
a. It minimizes bureaucratic overhead because there is no lasting organization to maintain.
b. It is usually a small, core organization that outsources its major functions.
c. It increases long-term risks and costs because the projects are usually long-term.
d. It can enable each project to be staffed with the talent best suited to its demands.
e. It lessens long-term risks and their costs.
For virtual firms, this is NOT the case as they tend to have relatively minimal requirements.
When we say something is "virtual," we typically mean that it may be accessed online or through a computer or other device. We use it to describe any interaction that doesn't happen in a real-world setting. The phrase "virtual" in computing refers to a digitally reproduced representation of something real, such as a machine, switch, memory, or even reality. The absence of an absolute, physical form sets it apart from the real. Functionally, virtual it is still quite real. Active fires and thermal anomalies are discovered by NASA FIRMS using satellite observations from the MODIS and VIIRS sensors, and this information is provided to decision-makers firms in almost real-time via email alerts, analysis-ready data, online maps, and web services are some firms.
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Which scenario best shows a consumer protecting themselves from counterfeit product scams?
O When making online purchases, Luna only buys directly from brand producers and uses an online payment system
to pay for purchases.
O When making online purchases, Curtis comparison shops and always uses the site that offers the lowest prices for
the goods he wants to buy.
O Raven lives in a big city where people often sell goods on the street. When she sees a product she likes, she pays
cash for the purchase.
O Ali never purchases anything online and always pays cash when he buys something in a store or from a street
vendor.
Answer:
In this statement
Luna's statement is best scenario of consumer protecting themselves from counterfeit product scams.
As she buys only from brand producers that are authentic and pays online.
Explanation:
from our module 1 reading ist205 is and competitive advantage, (page 9) it states a strategic information system is designed to implement a business strategy for achieving competitive advantage. a strategic information systems can achieve competitive advantage by doing the following:
One way that a strategic information system can be used to achieve competitive advantage is Delivering a product or service at a lower cost or that is differentiated.
How can competitive advantage be acquired?Competitive advantage refers to being able to produce goods and services at a cheaper cost than your competitors. This will allow you to sell at a lower price and get more customers.
A strategic information system can help to achieve this competitive advantage by helping the company to deliver a product that is either differentiated and better, or priced at a lower cost.
Options for this question include:
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The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this schedule from his own research and ideas, and he believes the players should follow along and work with this new goal. Which motivational theory does this scenario represent?.
The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this schedule from his own research and ideas, and he believes the players should follow along and work with this new goal. The motivational theory that this scenario represents is McGregor's Theory X of Motivation.
What is McGregor's Theory X of Motivation about?
Managers who accept Theory X believe that if you believe that your team members dislike their work, have little motivation, need to be watched every minute, are incapable of being accountable for their work, avoid responsibility, and avoid work whenever possible, you are likely to use an authoritarian management style.
According to McGregor, this technique is highly "hands-on" and frequently entails micromanaging people's work to ensure that it is completed correctly.
Theory X emphasizes the value of increased monitoring, external rewards, and punishments, whereas Theory Y emphasizes the motivating role of job satisfaction and encourages employees to tackle jobs without direct supervision.
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Sara is teaching her 2-year-old to sit at the table and say "please." The name for this training is? A) habituation. B) committed compliance. C) socialization.
Sara is teaching her two-year-old how to say "please" while seated at the table. This instruction is known as socialization.
In general, socialization is the process of social influence by which a person picks up the culture or subculture of their group and, in the process, shapes their sense of self and personality.
The process of socialization, which enables a person to function within his or her culture, includes interacting with friends and family, being instructed to follow regulations, being rewarded for doing duties, and being taught how to act in public.
The goal of socialization is to acquaint individuals with the norms of a specific social group or community. Outlining the group's expectations gets people ready to join that group. For children, socialization is a crucial process that starts at home with their families and continues at school.
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This positioning strategy highlights product use, as well as the exclusive services associated with that product, that competing products do not offer.
Application as competitive advantage positioning strategy highlights product use, as well as the exclusive services associated. By clearly articulating a brand's competitive advantage, positioning strategies aim to change consumer perception.
A computer corporation that concentrates on offering cutting edge technology at premium product prices before its competitors would provide an excellent example of a positioning strategy. An further illustration of positioning strategy would be a major chain store that prioritizes offering well-liked products to lots of customers at reasonable prices. Effective services positioning, in other words, makes sure that your marketing messages stand out, connect with your target audience, and inspire people to take action.
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HELP ME
give me ideas on activities based on making decisions about different agribusiness scenarios.
Some of the operations concerned are ploughing with making decisions, sowing, irrigation, weeding and harvesting. The outputs from the device encompass vegetation, wool, dairy and hen merchandise. Farming is practiced in diverse approaches throughout the world.
Agribusiness managers execute 5 fundamental obligations of their work. These 5 obligations are: Planning Organizing Staffing Directing Controlling Task-orientated idea of control may be illustrated as a community that connects the supervisor with the goals, objectives, and effects that are favored via way of means of the organization.
Farm manufacturing consists of generating fruits, vegetables, plants, and styles of vegetation to satisfy call for agricultural merchandise for the duration of the u.s.a . and abroad. Forestry and fishing sports. Agricultural sports encompass forestry and harvesting fish in water farms or of their herbal habitat.
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In response to Charles Townshend's attempt to tax and control the flow of goods, Boston merchants helped organize a(n) _______ of all goods subject to the tax.
In response to Charles Townshend's attempt to tax and control the flow of goods, Boston merchants helped organize a boycott of all goods subject to the tax.
The Townshend Acts were a group of British parliamentary laws passed in 1767 and 1768 that instituted a number of taxes and rules to pay for the upkeep of the British in America. The Townshend Acts were met with fierce hostility in the colonies, and colonial newspapers frequently discussed this opposition. Economic boycotts were arranged by colonial traders, some of whom were smugglers, to exert pressure on the British to lobby for the repeal of the Townshend Acts. The first non-importation pact was drafted by merchant in Boston, and it required them to boycott specific British goods as of January 1, 1768.
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why would a manufacturer who operates in a mass production environment choose to use process costing to track its manufacturing costs?
Process costing is used when manufacturing numerous identical products where it is impossible to separate the costs of various output units.
The required details for Process costing in given paragraph
In other words, the cost of each produced good is considered to be the same as the cost of every other good. Companies that create goods or units of output in large quantities frequently employ the accounting technique known as process costing.
It is typical in manufacturing sectors where the costs of generating each unit of output are quite comparable and it is not practical to keep track of the costs of every single item throughout the production process. Oil firms that produce millions of gallons of fuel, for instance, employ process costing.
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when the fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers. group of answer choices
When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers: True.
What is the Fed?The Fed is a short word for Federal Reserve and it can be defined as a federal government financial institution that was established by the Federal Reserve Act on the 23rd of December, 1913 by the U.S Congress.
Additionally, the Fed is just like all central banks in a country and as such, it is considered as a United States government agency that regulates banking activities, supervise and regulate banks, as well as control the issuance of currency in the United States of America.
In conclusion, banks in the United States of America are able to obtain funds at a lower cost and make more loans to their own customers when the discount rate is reduced or lowered by the Fed.
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Complete Question:
When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers.
group of answer choices
False
True
you are the general contractor for a high-end, private residence construction job. you manage teams of subcontractors who work on various aspects of the house, from plumbing and electrical to drywall and landscaping. the homeowners, robert and maggie applebaum, want to be in their new house in 4 months and will check in with you regularly about its progress. it is your job to make sure daily operations at the site are running smoothly and that the house is completed on time and within budget, without negatively affecting your other building projects.
The contrasted critical path method plans created will determine the estimated time.
What is critical path method?An algorithm for scheduling a collection of project tasks is called the critical path method (CPM). It frequently goes hand-in-hand with the method of program evaluation and review (PERT). The time needed to complete the longest stretch of dependent activities, known as the critical route, is calculated. The critical path method (CPM) is a project modeling technique that was created in the late 1950s by Morgan R. Walker of DuPont and James E. Kelley Jr. of Remington Rand. Walker and Kelley shared their recollections of the 1989 CPM development. The PERT was created at the same time as Booz Allen Hamilton and the U.S. Navy, and Kelley credited them with coining the phrase "critical path."
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* You are the general contractor for a high-end, private residence construction job. you manage teams of subcontractors who work on various aspects of the house, from plumbing and electrical to drywall and landscaping. the homeowners, robert and maggie applebaum, want to be in their new house in 4 months and will check in with you regularly about its progress. it is your job to make sure daily operations at the site are running smoothly and that the house is completed on time and within budget, without negatively affecting your other building projects.How does Critical Path Management with varying degrees of delays?
a company sells two models of a product—basic and premium. the basic model has a contribution margin per unit of $25 and unit sales of 750. the premium model has a contribution margin per unit of $40 and unit sales of 250. fixed costs are $15,000. the weighted average contribution margin in units is
The weighted average contribution margin in units is 28.75
This is further explained below.
What is the weighted average contribution margin in units?Overall sales units equal the sum of sales for the basic model and the superior model.
NU= 750 + 250
NU= 1,000 units
Generally, Average weighted contribution margin in units = (Basic model contribution margin per unit x sales mix) + (Contribution margin per unit of Premium model x sales mix)
Therefore
Average weighted contribution margin in units=[tex]\frac{25 * 750}{1,000} + \frac{40 * 250}{ 1,000}[/tex]
= 18.75 + 10
= 28.75
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Answer:
521
Explanation:
